We know things are falling apart in the cryptocurrency world. We only have to turn to the mainstream media to realize that.
In this video I discuss how certain projects just keep building value on the blockchain. This is where Hive separated itself from the rest.
▶️ 3Speak
I avoided the sky falling by not getting involved in shady as crap like FTX and just holding onto my coins, soon the tide will turn again.
~~~ embed:1611578210868957184 twitter metadata:MTQxNTE1NTY2MzEzMTQwMjI0MHx8aHR0cHM6Ly90d2l0dGVyLmNvbS8xNDE1MTU1NjYzMTMxNDAyMjQwL3N0YXR1cy8xNjExNTc4MjEwODY4OTU3MTg0fA== ~~~
The rewards earned on this comment will go directly to the people( @wilsonthe, @rzc24-nftbbg ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
Hive is putting itself in an excellent position to blossom when the bull shows up.
There is definitely value in having a data repository on Hive and they can also save on the need to store data in their own databases. They can just retrieve it from the site and Hive is decentralized. So they can easily hit up any of the witnesses to get the information.
Posted Using LeoFinance Beta
The effects of the bear market are visible on Hive too. Much less people are posting and commenting. And recently the earnings (at least for my posts) decreased too. I am earning cents again, and not dollars. It feels like as if it would be 2017 again.
Summary:
In this video, the speaker talks about the chaos and challenges in the cryptocurrency world, with exchanges facing insolvency, lawsuits, and over-leveraging. He mentions various projects like FTX, Celsius, Genesis, Gemini, and Wobie. Despite the negative outlook in the market and the FUD surrounding Bitcoin, the speaker emphasizes the progress and development happening within the Hive ecosystem. Projects like Podping, Leo Glossary, Cryptomaniac show, SPK Network, Ragnarok, LeoFinance, Splinterlands, PsyberX, Profi, Index token, and Views are all mentioned. The speaker highlights Podping's role as a podcasting indexer on Hive and discusses the potential for decentralized databases like Leo Glossary to add value to the ecosystem. Furthermore, he envisions creating a significant repository of cryptocurrency information on Hive. The video concludes on an optimistic note, focusing on the continuous growth, development, and potential of the Hive platform.
Detailed Article:
The speaker begins by addressing the prevailing pessimism in the crypto industry, pointing out issues with exchanges like FTX, Wobie, Celsius, and Genesis, as well as the negative sentiment towards Bitcoin. He acknowledges the challenges but emphasizes the resilience of the Hive ecosystem amidst the market turmoil. Despite the crypto market downturn, projects within the Hive ecosystem are thriving.
He highlights several projects contributing to the growth of Hive, such as Podping, which serves as a significant podcasting indexer. The speaker expresses confidence in Podping's future impact and envisions a rise in podcast updates from Hive-based apps. He theorizes on the potential growth of Hive's podcasting presence by July 1st, showcasing his optimism for the platform's development.
Moreover, the speaker discusses the utility of decentralized databases like Leo Glossary and the value they can add to the ecosystem. He suggests the creation of a vast cryptocurrency repository on Hive, underscoring the platform's potential as a hub for valuable information. This vision aligns with the broader goal of enhancing the Hive ecosystem with innovative tools and projects.
The speaker also touches on the need for a smart contract platform within Hive, emphasizing scalability, low costs, and user-friendliness. He envisions such a platform propelling Hive to new heights and complementing existing features like built-in wallet systems and account ownership functionalities.
In conclusion, the speaker emphasizes that while external challenges abound in the crypto industry, the Hive ecosystem remains focused on development and growth. Despite the noise and uncertainties in the market, projects within Hive are continuing to innovate and expand, indicating a promising future for the platform.
Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.