_{Creative design thanks to Canva}

For most parts of the posts published on Hive and Leofinance, there is one thing I noticed people would avoid posting about, or shall I say least chosen is the disadvantages of the current Hive.

It might be very easy to say that I'm just a typical guy who contributes nothing to the blockchain but talk, but believe me when I say the current stake that I have right now is equivalent to two-months of working.

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But Why would I have Second thoughts about Buying Hive?

1. The Stakes that were Ninjamined

You would probably be so sure that this was meant to be from Steemit Inc's ninjamined stake which was already removed and placed in Hive DAO. But when I say ninjamined, I was talking to accounts like freedom's 12 million SP and some users that were able to accumulate Hive due to their early Steem mining.

What's my point about this? My point is that since this chain has airdropped Hive in equivalence to your previous Steem Power, for me this means Hive is a free-coin which Steem users had. If they don't want to sell Hive, they simply sell it. If there's a little pump in prices, some users could simply sell it. Why again? - because they got it for free and most free things don't feel valuable to people.

Apart from that, there were a lot of idle accounts that were having thousands of Hive/HP that were gotten from the pre-mining. Obviously, they're still sitting at their wallets that will surely add another selling pressure to Hive.

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Steady HBD DAO Funding

I mean who wouldn't want a better Hive blockchain by introducing a community-funded for developments and projects. Things like Hive Keychain, PeakD, and many more. But it has come to a point that these have been taking amounts of HBD that if were converted in Hive, would take 9x as much as the value of HBD in current value.

I honestly don't have a definite solution regarding this since I'm just a normal guy "who lives just for a day" but it's definitely one issue that pushes Hive to the bottom. I guess I would have to say that it will be very difficult to strive if we're the DAO funding is killing the price. It's definitely bearish especially at these times Hive isn't having the attention it's longing. I understand though that this is only an 8-month old blockchain but it has the experience of Steem. It has the previous superstars of Steem that were the reason behind its media hype.

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There were other Promosing Coins too

Apart from our belief that Hive should be one of the top coins right now because of the technology it provides, the competition is too high in the cryptocurrency world right now. The top 10 coins have already cemented their place and the technology they provide, among the top 50 were superb projects that were very promising too.

Coins like Etherium, Cardano, Link, and EOS have their own specialties and people would most likely be convinced in buying coins in the top 10 by market capitalization. This is why somehow I would likely shift my focus on these coins. Hive has so much potential, but it has hidden truth from the past that is very difficult to erase.

I hope I'm not considered the hater here. I love Hive and the community that was built around here. This is the reason why I'm staying and I'm fighting to increase my stake, because there's hope that I'm longing.

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Thank you for reading up on this. I really appreciate your time. If you have comments, please put them here and I'll respond!

Posted Using LeoFinance ^Beta