Crypto Is Not Dead: We Continue to Grow Despite Bear Market

At least Hive is far from being dead...

The crypto bear market has taken its toll on the community. Every day, we see new headlines about how “Crypto is Dead” or that the “END IS NIGH”. However, this does not reflect the true state of the blockchain industry. The more accurate headline is probably something along the lines of “Bear Market Catalyzes Correction and Consolidation in Crypto Space”. We’ve all seen a correction before. Fear, uncertainty, and doubt can often accompany an adjustment in any market. The crypto space is no different — it just happens to be one of the fastest-growing industries in history with jaw-dropping amounts of investment capital involved. Every correction makes room for new opportunities and innovation to take center stage again.

I laugh at the Bear Market
Why? Because my involvement in Hive isn't an gamble investment - if you put money in a project that you don't use and is built only on promise of broader adoption or VC involvement - it's a gamble. I have put some money into Hive, yes that's true, but I have created far more wealth. That's why Hive is so unique.

Piggy Bank Report proper part

Welcome to my stakecube piggybank report. My aim is to collect enough funds to make stakecube list Hive on any of their markets (StakeCubeCoin or BTC). But since Hive does not pay for being listed, we are going to pay stakecube users directly via community faucet. We don't need to raise thousands of dollars to make it worthwhile. If we won't succeed by 31st May 2023 all the funds will be returned as stated in rules.

The rules under this account operates can be found here.

There's a slight correction - I mean all the posts will be published with 50/50 ratio and H-E tokens will be converted into HivePower.

How much did we raise? The best thing is that we can only go up from the start, in terms of Hive. Of course, in terms of dollars the raised funds may decrease, but since on Hive you can put your funds to use without entrusting them to anybody I hope I can beat the bear market. I did not trade H-E tokens because their overall value was insignificant.

Let's head on to the numbers:

Asset	Quantity	Value in USD	Change since last week
HP	43.31 HIVE (+1.678 HIVE)	X	X
HBD	5.563 (+0.591 HBD)	X	X
TOTAL	X	21.07$	+2.36$

TOTAL: 21.07$

We are already at the beginning, but if you take in mind that StakeCube's faucet claims give about 0.005 $ which means we have already gathered enough funds for 3 742 claims.

Why list Hive

If you're an outsider and wondering why would or should Stakecube be interested in listing Hive at all. Hive is the only working implementation of Web 3.0 in terms of both infrastructure and control - it has no central entity that can be served or banned. The Hive is a community of over 30k active users (currently) onboarding hundreds of users daily.
In order to properly asses Hive market one needs to sum up it's whole ecosystem of first layer (let alone second layer) and its diverse variations. To sum up - Hive has many avatars.

1. Hive is undervalued and its marketcap is bigger than coingecko shows,
2. It may bring you another stream of revenue (you might introduce staking, delegating and leasing options for your users),
3. It may improve your income stream by publishing reports/announcements on Hive,
4. Hive and its soft-peg stablecoin HBD have prooven to be working and safe during crises,
5. Hive is actually used,
6. Listing Hive is a forward escape from CEXes issues by sending the message 'Hey, we're sound enough to list new projects'

Native Hive

Hive Backed Dollar - Hive stablecoin

Hive Backed Dollar - on Binance Smart Chain

Hive on Binance Smart Chain

by @jocieprosza
P.S. If you have any questions, please do ping @jocieprosza so that I won't omit the message.