I have only 600 HIVE, I missed the bus...
Almost 12 years have passed since this comment appeared on a BITCOIN forum.
What attracts me to this comment is not the value that those "few" hundreds of BTC have in the present but the attitude of the author of the comment.
His last sentence, "I'll be buying some soon" is certainly what I like the most because of course, it is the vision and attitude of a successful Long Term Holder, who has an IMMENSE wealth today unless he has sold too soon.
I'm not going to compare HIVE to BITCOIN, as they are basically unmatched, but HIVE has the potential and the resilience to get there too.
Perhaps in another order of magnitude of course, we would probably be dreaming if one day we see HIVE at $100 per token (note to self: why not?) but HIVE blockchain has the ability to offer infinite applications that other blockchains cannot even imagine to offer, much less BTC, for the moment. With zero transaction fee.
As with BTC, the amount of wealth you can reach in the future is being written in the present.
Do not lose the main objective in the long term, maybe enjoy the current price, make a profit, realize profits in HBD at the savings account which provides you with a more than fair 12% interest a year monthly compounded, but keep building your stake.
We are going to make it.
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This screenshot got me thinking
that's the goal of the post
https://twitter.com/thecryptorunner/status/1481695764971765760
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So true. I had a bad habit of exchanging my hive for things like Leo and cub. I even bought a bunch of wax but the last few month have shown me that Hive is a keeper. I don't want to sell any. I need more. I feel the pain of the hive I've spent. I hate feeling like that. I should have around 10,000 but I only have 2,000. But the good thing is that I can grind it out and earn more!
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You can always sell tokens you bought and buy HIVE again
that's true but they all have their place. I'm liking wax because I play some games over there. I don't think I could sell Leo so low with all the promise the token holds. I think Hive is better but there is a lot of Leo development always happening. And Cub has tanked so low that it won't help lol. I may take the wax I started earning and buy hive if hive really tanks but it looks like it won't bottom like it used to. I think I get too emotionally attached to my coins. It took me forever to sell my steem lol.
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well, I would not sell LEO neither however CUB...
my cub turned into nothing lol. I don't think it would even help me.
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I think $100 second layer tokens on hive is possible but not hive itself. What i learned from projects like hex coin and now pulse network and pulsex. People in crypto don't care that much about communities and projects as much as they care about money lol. It's a phenomen that happens here that doesn't happen in the standard economy.
In the standard economy the usefulness of a product proceeds it's value. In crypto it's just hype cycles and being lucky and you get rich. So hex coin in less than 2 years generated a $100 billion market cap just based on that idea alone. No real technology no nothing.
That's how it is like it or not. What i've done here on hive is created the first certificate of deposit using a similar strategy. it's now about 5-6 bucks.. Will it see $100 and good trade volume one day? Probably so because it's based on those elements of human nature. i dont think hive how it's create can do that. I think in all honesty it just makes more sense as a stable currency.
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it will depends on the apps that will be built on top of HIVE, that's for sure
The question is what is the longevity of such project? What happens after all the hype is gone, Hive might not have a lot of hype for now, but development is strong, at some point, hype and development on hive will meet at a mid point
and at that point we will see many people talking about their comments in hindsight how they sold hive for cheap $100.
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Cheap $100 ? 😚
I bet he sold all of them at $1000 each. I know I would. HODLing is not that easy.
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or maybe sold at 1000$ and rebought at 500$ 😂
I love the closing statement, and I hope we get there Eddie
if not, HIVE is anyway paying off us now 😂
I will be buying more soon :P