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RE: Follow Friday: Brain Drain

in #hiveyesterday (edited)

On crypto bear market , it’s lined up to all the previous 4 year cycles, bitcoin tops last quarter of the year after having (2013,2017,2021,2025) perfectly timed. But that’s strictly Bitcoin keeping the cycle structure, obviously we know Hive among many others crashed lower as Bitcoin went from 15K at bear bottom in 2022 to 126K in 2025. Even the top tier cryptocurrency’s only hardly touched previous 2021 highs, and inflation adjusted didn’t unlike only bitcoin & monero which did strongly make new highs even inflation adjusted.
I don’t understand why anyone thought that meant hive or others wouldn’t continue much lower as Bitcoin goes into usual bear part of cycle, not a comment on your take here, but just overall I’m seeing many on Hive be quite upset and frustrated. To me the signal was clear when we broke down below .15 cents randomly in August 2024, it told me price wise we wouldn’t be participating in bull run the following year, some cryptos did go up from bear lows, but almost none touched new ATH’s and most never will touch the 2021 highs ever again. I’ll always love Hive, but besides price, the accounts here since day 1 ago keep dropping off & powering down past 14 months has been quite disappointing and does sadly tell a much bigger story than price collapse. The not just lack of growth but bleeding of users is quite hard to ignore and pretend our future here has much hope of growing at this point. Price is one signal but I’m more concerned about the bleeding of daily long term active users. I do see a very very dark winter here for our platform next 24 months. I wish witnesses would start talking about solving the HBD issues before there’s a real break of this artificial algorithm peg which nobody in the mainstream crypto space trusts algorithm non value backed stable coins anymore. We are one of the last who hasn’t failed
And we should be decommissioning it before it breaks. I still heard devs talking about how HBD will be the mainstream most used stacks coin in future, at most recent Hive Fest. It’s nonsense take and it’s quite scary how disconnected DHF funded devs seem to be. Would be far more helpful if they were honest and just admitted it’s going to be a rough period. Instead we just get ridiculous predictions from those people and it’s just a bummer they don’t know where we are or prefer to lie about it. Either way it’s outta touch to extreme. Hive can survive this, but it doesn’t help when witnesses & devs ignore the truth.

Discord has always been terrible for data issues. The platform itself purposely , but also on other side is the most scammer filled platform of its type. Personally never understood why it was chosen to be the home base for hive behind scenes discussions and generally needed to participate in multiple hive communities. Deleted my account multiple times only to need something connected to hive so returned twice but I’m done with discord for good now.
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I don't dive too deep into the markets, but I just watch some prices. People will look for patterns, but it all depends on confidence and what is going on generally. Things seem to follow Bitcoin, but each project has its own value. I do think the focus has drifted away from crypto lately with 'AI' being the big thing now, but I think there is still a need for alternative financial systems.

We know Hive has various issues and lack of growth is one of them. I would have expected there to be far more active users by now. There is nothing else like it that I have seen.

We could be making more use of the Hive messaging options instead of Discord. There is less risk of people being impersonated there.

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