This Is No Pump
Over the last few weeks we have seen Hive increase in value by as much as 75% which is a massive rise in price. The one difference is this is not a pump and has been gradually going up in stages and holding it's value.
We have seen less Hive on the exchanges due to what seems Hive being bought and converted into HBD plus the new accounts being created due to the demand of Splinterlands. All of this is not going unnoticed it seems as already today Hive is up 23%.
As an investor the one think you hunt for is undervalued gems and Hive is definitely ticking all the boxes. Development along with a growing community should be having Hive ranked within the top 100 on Coinmarketcap. Over the last few years we have kind of tumbled down the list as there is not many that no exactly what Hive really is.
Yes we hardforked from the old chain but what has been developed on here since then which was only 18 months ago cannot be compared in the same way as back then. We haven't done renovations on here but have gutted and rebuilt making huge improvements and it is the total opposite of what is available there. This is what is possible when you have decentralization with everyone involved working towards the same end game. The further the price gap evolves the better as being compared to the old chain is somewhat very unfair.
I may be biased in some ways but see Hive like a few other projects I have invested in as I do see a bright future ahead. This is one of the main reasons why I see Hive along with projects like AVA and COTI going places as there is always something going on. Development never ends and no one is sitting on their laurels hoping for something. There is no hoping here as things are being made to happen and that is the difference between a majority of the projects out there.
What I find encouraging is Leo is keeping pace with Hive also up by over 30 % so far today and that is reward for another team doing development work consistently.
Hive has plenty in the gas tank and knowing what we know is happening on here things are looking up big time. How much must Hive be before everyone starts to take notice and ask questions what is Hive? The projects that sneak along under the radar are the ones that explode in value at some point once everyone finds out. I don't think we are quite there yet but people are finding Hive slowly.
I must admit I would still like Splinterlands to highlight to every account holder about Hive informing them what they have. This is something that can be pushed and should be pushed as having 10 000 new accounts per day there has to be some overflow and uptake on Hive. These are accounts looking to earn playing a game so surely they fit the right type of users Hive is looking for.
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I agree with you. Markets do strange things but it makes sense that Hive is getting some love. It might be an overall market move yet it is nice to see.
Personally, I think it only makes sense after the explosion of @splinterlands. This is going to give a lot more people opportunity to get involved. It is also pushing up the need for, well, everything. More accounts, more RC, more HP.
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The need for everything is quite right as this will fuel demand. It is great to see and justifies what we already knew.
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HIVE still has a long road to catch up with ETH and other blockchains that have a use case such as it does.
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I don't think it has much to catch up to be honest as Hive has so much going for it already. Within 1 year Hive could be a major force in all different aspects. Kingdoms will grow and we will see overflow onto Hive through @leofinance as that is how things tend to work.
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They should inform them, if for no other reason than to help secure their assets!
Yes I agree and at the same time let them know what they are part of. It is in everyone's interests and should have happened already. I saw an interview a while back with a prominent group on youtube doing a live stream and thought it was odd that Hive was not mentioned once in the 20 minute interview. Just to say Splinterlands is built on the Hive blockchain doesn't take much effort.
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That is quite poor RE that video.
But people seem to have noticed last night sometime!
I think this could be a very important step for us. Though a lot of people are noticing the content side of what they signed up for, many still need to be made aware. It's a chance for mass education through gaming!
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Let us put it another way if they don't then it is damn stupid. Informing everyone is a golden opportunity and you aren't going to lose those people who came to you in the first place. Why it hasn't been done already makes the mind boggle as that should be so obvious. Who knows you could grow Splinterlands even more by doing this.
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Maybe they don't want to overwhelm new users right away, but I do think there should be some gradual notifications or in game rewards for posting on the blockchain or something.
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Something at least or what is the point as this would be an opportunity missed.
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For some reason am not even overly excited about this pump, maybe because a part of me feels it normal and deserved. Hive is going places, I have no doubt about that. The value in 3-5 years is what would really be worth talking about
Yes and that could be anywhere so I try not to think about those prices much. Rather have a wait and see whilst I stack as many Hive as I can. The time will come when it will be difficult to earn so having stake will be that important. The idea of earning a passive income and not worrying about the overall value is what I find more exciting. Hive is not something you just sell as the value is in the stake.
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Hive is increasing the same time with BTC as BTC is making it move, Hive is increasing too and LTC is also increasing.
Yes but there is way more to it than just that. There are a combination of factors in play right now as look what is happening to the old block chain which we have now overtaken in price.
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That's it. I am watching the game there
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We finally surpassed the price of STEEM!
Yes right
All will be well in the world when Hive gets into the top 50 cryptos where it deserves to be. Nobody will be able to ignore it soon.
I really hope so and think you are correct with this.
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