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RE: Nine Cents, No Bounce

in LeoFinance2 months ago

The round numbers are just arbitrary values really, but I know they feel significant. The downward trend is concerning though. Meanwhile the old chain coin is down to about 6.5c. There is still some trading volume, so $HIVE is not dead. Having been here for many years I have seen the ups and downs. We have struggled to get noticed despite plenty of development going on. I am not a trader and care more about what else Hive can do, but I know the price matters. We still have plenty of witnesses for now, so the chain will keep running and people have an alternative to other social platforms. That is important as a lot of the big ones are frustrating with all their ads and junk content. We have to regroup and look at ways to make Hive matter more next year.

Merry Xmas.

!BEER

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Part of me doesn't care about the price — after all, I'm not selling — but I'm afraid that falling number might discourage new people. Why join a sinking ship, they could think. Also, around 6 cents, the HBD peg breaks. That could have a pretty bad demoralizing effect.

The people who don't care about price and care about HIVE is what we need.

Hopefully if we go that low we can really push on onboarding and get people who want the best for ecosystem first and then want the best for their pocketbooks 2nd.

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 2 months ago Reveal Comment