The price comes down to how many people are willing to buy hive right now. It's always been that simple and a lot of the other coins are far older and have better known brands. When money comes into the market people will speculate on coins that they have heard of. Xpr litecoin steem. Regardless of how useful they are.
Our fundamentals are brilliant but people don't care about that. It's usability and visability that count. That's why I have always pushed for ads on hive.blog as it creates buy pressure and more visability for hive.
Tools for users to build more communities like LeoFinance and generate revenue and attract more users.
More users will create more demand and visability for hive. It will create a sustainable price increase rather than a pump.
The problems with hive won't be solved by more changes to the base layer. We need changes that address the shortcomings that are holding the system back.
I believe in the token and can see the development going on but a lot of it doesn't look at building tools for more people to get involved. Those tools are vital to create some exponential growth as ordinary users can then take the tools and build more use case.
Communities, onboarding, advertising, smts.... and build a WordPress blockchain. One that anybody can build on.
Sometimes I wonder if all the things we should be doing are excuses for not doing what we could be doing ...
Okay, with that afterburner thought out of the way, I've got to say that I think it's great that we're talking about what needs to be done. HF24 is basically out of the way, and now is the time to start serious discussions about what is important, and, more importantly, about feasibilities and priorities. Some ideas take much more resources, time, effort and skills than others. Some are subject to the chicken and the egg argument.
The fundamentals really are "brilliant", and we've got that right now, here, today. What's been done to create HIVE is nothing short of heroic. And what's been created is even more heroic!! Why not banter that to the world? That's something we can do right now! "Hey, all you developers out there, want a great place to develop your project? Well, you've got it here on HIVE. Let me tell you why."
"Hey, all you bloggers ... Hey, all you investors ..."
We've got something that is one of a kind, why not start sharing that with the world right now?
Looks like I've come full circle ... again. 😉
I've written about this before: https://hive.blog/hive-175254/@cryptographic/one-of-a-kind
Some of us are making that effort right now but it tends to be very grassroots with the community pushing different apps rather than a concentrated effort by the witnesses or a company.
I even made a proposal to start getting funds and to try and push marketing as an option for the chain.
https://peakd.com/me/proposals/131
It's not an easy thing to do but we will get the hive brand out there one way or the other. There could be a big opportunity coming up now with a bull run on crypto and people looking to get into it so we should be creating and promoting more material that helps them join hive over the next few weeks. Then share it everywhere.
Voted for the proposal.
Little by little grassroots gains traction. We've got a solid product, and that makes everything else a lot easier. Now, as you said, if we can just get everyone rowing in the same direction.
I agree with you man.
I'm on that same boat.
For instance the recent post from @blocktrades is beginning to talk about second layer and even drops a "will post about HF25" as part of his Todo list.
Yet the post itself is so damn bland. He doesn't even use an image. Now I'm not holding him to blame for that but then to most the post just looks like code links. Even if a person wants to use that post to generate hype it's almost impossible since the greater audience doesn't care about code.
Then the post from @howo with the video attached of the coders meeting is the usual black screen just voices format. Again... how could people generate hype around that??
@theycallmedan said recently JUST DO IT! but there needs to be some type of correlation from coders to street shillers. Coders just talking code kills the flow. If they provided a vision of what they see getting built, then marketers could expand on that. With a few marketing teams or individuals providing slick content then street shillers have something to expand on with their own content... and with that: Hype is a living entity.
THEN, when those things that are getting hyped come to fruition you already have that traffic, which can then be converted into users/buyers/contributors etc..
I guarantee if this was in effect already the token price would be holding $0.50 and looking to find a new floor at a dollar.
The issue with Hive isn't that things aren't happening. It's that you actually have to first be inside these walls to know what's happening. That's just so limiting to growth.
That's where bridge makers are needed. We need to 'translate' into everyday English. I'm not sure how good any one individual might be at doing that, but as a collective, working together, I think we can come up with some pretty good stuff ... that then would get signed off to the people making the slick content.
Same thing as above. Really, though, it's logical that 'insiders' have the best grasp of things. We just need to take responsibility for communicating all that to the outside world.