Because the trend is obvious. in my delay seeing this closer we came, it’s a certain trend and will be here soon.
!BBH
!ALIVE
!LADY
!PIZZA
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Because the trend is obvious. in my delay seeing this closer we came, it’s a certain trend and will be here soon.
!BBH
!ALIVE
!LADY
!PIZZA
Don’t forget who told u this 13 months ago at .68 cent Hive! Pretty sure my memory serves you thought a dime would hold no? I was the one saying to u 90 days ago after my .10 cent call hit that a nickel was certain in first half of 2026! In fact I believe .03 is coming personally, when HBD pegs fails next year or two I believe a lot of things get weird.
I’ll never understand those buying big amounts of Hive after the clear signs we are heading to sub penny next few years. Bleeding user numbers and devs who are pushing debunked fairytales like HBD being the Bitcoin Networks stable coin being likely and general ignoring the overall market choose value backed stable coins and ditched “artificial peg algorithm non value backed” stable coins. We only didn’t fail with rest because we are tiny. I posted pretty much daily for 6 years and promoted Hive as much as anyone, but we are in a terrible place and yes token price will over next months & years collapse to lower lows, unless we have a major rebrand and devs & witnesses admit the dark place we are in. Instead all I see are posts about how everything is seasons generally. It’s reached nonsense. 70% of accounts only post to get votes they paid for via what you pointed out in other comment, delegations & for Leo strait up paying a monthly fee of $9.99 to get $40 or so worth of votes. Many of these accounts indeed mail in effort and are just looking at it like it’s just to get a daily owed group of votes, this is true 100%. As someone who’s held 150HP and bought them in 2020 at .10 cents, & sold 125K above $2.00 year later, that’s making a good speculation, buying a falling knife I do not understand, I like HurtLocker a lot, and he obviously has his reasons, but besides artificial mini short term pumps there is no growth in sight for Hive without a total admission to where we are, and a total rebranding and reintroduction to crypto community.
I cannot predict what people will do, but I can point to incentives they have. When Hive drops to the point that running witness nodes is more expensive than the 10% of inflation witnesses are paid, current management will have to spend money on maintaining their governance, rather than profiting from it. They aren't likely to maintain their stake when it costs them money to do so. Some or all of them will dump and run, further plunging Hive price. Same with witnesses that have continually been paid, and won't want to pay to run servers to maintain the code. The consensus witnesses will likely change a lot.
People buying on the way down will replace those that dump and run as whales on Hive, and will have the opportunity to change the code to how they'd like to see Hive managed. This is all predictable, and folks thinking ahead might even have code ready to go for the opportunity. That could be why someone would be buying as the price is dropping and headed for the sub-$.01 range. Folks that want to change things and have the ability to acquire significant stake as the price drops might well be preparing for the management changes coming.