HIVE, AS ALWAYS DOING ITS THING TO THE DOLLAR MARK
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Business as usual, this is #hive minding its route to the dollar sign. It seems we have been waiting for this moment quite a while. Now holding is not for everyone. If you do, you are on the green since April 2020. Not bad for more than 800% for a token just 18 month old.
The community is older, that could be the reason the price is gravitating to this range right now.
I recalled couple months prior, Hive was trading at 13 cents. It was the beginning of this year. It has never go down that low since then. Truly there is something more to this token than social media.
You do remember beginning of October, it went past the dollar mark. So it is no strange to see Hive before the end of the year closing past the dollar again. The current is in favor of a token with use case. Hive has so many use case, no need to mention all except one. Actually you pick the one that fit your style.
I do remember quite a while, there were talks about changing Hive power down to four weeks. I guess it does not matter for Hive. If you want liquidity, this is why #HBD is around. You got 10% and it will be available in three days. I do not have a big issue with 13 weeks power down to say the least. That could be one reason you do not see swing volatility with Hive.
Lately holding is what differentiate a curator. Writing a post and get upvote is one thing if you have followers. Curating is another beast where you need Hive power so you can take care of the 50/50 earning from the pool. It attracts more to go that route if they are not into writing, thinking. When you got the whale status, you focus on getting your share by curating.
Hive is a quiet token for a reason. Community driven, no true tot the top ads. Words of mouth will get Hive where it should be. Definitely it has become clear we are the winner in front of the WEB 3.0.
Many folks like the relation of social media with crypto. Many clones come and go. The power is within the community. I read a post where a hiver exchanged Hive and use it through the lightning network of Chivo.
Just imagine a community from South America finds ways to generate income using Hive and Chivo is the way they can exchange the funds. This is the beginning of a new economy. Actually it is already there. We need more users that can change the landscape and flip everything for crypto.
The power of Hive is in its core. We are Hive.
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"Definitely it has become clear we are the winner in front of the WEB 3.0."
This is true as a lot of development happens in others bchains but hive is being tested and being put to a constant intense use just with splinterlands app and implementing strong without the taxes and develpoment pressure suffered by eth.
Gaming is helping Hive tremendously due to no fees for transaction
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The price of hive power was low at the beginning of the year but now it is quite good. Even its price went up a lot. It’s true that Hive doesn’t matter to reduce to four weeks. But it also seems to me that 13 weeks is not a problem.
Hive and Hive power are the same thing
except Hive power is locked for curation as vest.
Are you participating in #HPUD for November?
!BEER
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.very soon we will be back above $ 1 #Hive in recent weeks has maintained a stable price and I join the Somos Hive.
A dollar we cannot wait to see.
Happy early HPUD.
I know you will power up again.
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I agree that those long holders of Hive, and those wise enough to stack and accumulate it when it was low are benefiting now.
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Actually understanding the economics of Hive
it is a cash cow where the more you have
the more you earn through the whole system.
It is slow and dripping but it is a lot less
risky cause the community is focused on building
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.Exactly!
I have been telling myself this since the Steem days, but I didn't hear it from anyone else, so I didn't 100% believe it. But quite frankly, I have thought my money was safer and growing more here then in Bitcoin or Ether, but I always keep a little Bitcoin and Ether because everyone says you should have it. But quite honestly I think I make more money here, if I use all the tools at my disposal.
And then when you consider the positive things my money does here, while it is growing, mainly I help other people grow their stack too!
It's mind boogling!
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Actually this is the true power of Hive with this community. You have to give in order to receive. We all grow somehow some way.
This is the nature of this blockchain.
After all any hiccups may still be present cause we are humans.
Perfection does not exist among us.
!BEER
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.I love how Hive is quiet before and now gaining the attention of some people who are not into crypto.
The majority of people in our country are also shifting to Hive and trying to learn the trade as there are no fees involved in their transactions.
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Sometimes it is good to remain
in the middle.
That way you get the right attention.
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.Hive has really come a long way this year. Great to see it within the 80 cent mark this month. Trust the remaining holds much better for it
I think the price is the reflection
of the bull market.
Bear market has a different mindset.
Not sure where the resistance is.
Most of the time Hive follows its own rule.
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.Absolutely, the 13 week powerdown is still okay and efficient and HBD is preferable if you want to access your funds and still get 10% profit on it. I guess we're making baby steps, no doubt hive might replicate those prices still, in December.
@tipu curate
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Upvoted 👌 (Mana: 64/84) Liquid rewards.
The price is up for grab
We will see and happy for all holders.
!BEER
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Definitely, I believe time will tell
Just went down. I think this is the market effect. It has nothing to do with Hive price per se.
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.Well writen. for me tge 13 weeks are fine too. In case you need Hive faar there is reward.app. When I started with Dcity I used reward App to directly invest into the game. A lot of possibilities.