Hive price collapsed during the crypto bull market also. From bear low of .26 to .10
The same period bitcoin went from 16K to 126K, ETH went from $995 to $4990 and so on. The alt coins are not participating anymore. Even the cryptos that went up , most didn’t touch close to 2021 ATH’s. Hive is heading for a penny u less major changes are made. I would buy 500K hive if there was even a sign of higher prices. We went down way over 50% in bull market and are so far down 35% just since Bitcoin topped, we have no more “Bull Cycle”. Not just Hive but most cryptos are finally not blindly following Bitcoin. We are in bad shape and need full on reform & re-brand to even consider having a brighter future.
!BBH
!ALIVE
!PIZZA
!LADY
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If you know the cause (some Chinese exchange) you know.
Price has been collapsing for years. That has nothing to do with a single exchange. Maybe I misunderstand what u mean?
yes but the oct event absorbed billions out of all altcoins additional to hive problems.
Hive itself is on a decline by design.
Pro tip, make a new account, post a meme, check what happen. This is how to make the funnel retarded:
marketing to signup ---> pay sign up fee ----> get user to use the platform ---> make user to quit platform.
As a company want to build on hive you pay twice, 1 time marketing, 1 time sign up fee ( at scale its expensive).
And user experience is so bad. With all this nanny handling of people. It reminds me of the communist party of china of Delegated Dictatorship.
the worst part is, its not needed to be this way...