You are viewing a single comment's thread from:

RE: Why wouldn't someone join Hive?

in OCD4 years ago

The only new coins going to the speculators which you speak would be, largely, from the token grinding V.22.2 Cabal selling off their vast gains to pay for servers, expensive meals and tokens with real value.

Sure, and the point is that they're not going to be sold to some hapless victims of a pyramid scheme, namely the rest of the active user base here. We get most of our coins in exchange for activities just like this, which is paying for doing fun things billions of people do for free (or actually in exchange for giving out there data).

How about we revisit this discussion in a month or two and have a look at how HIVE has dumped or mooned at that time.

The price action will be driven by Bitcoin. If you want a best guess as to where HIVE will go, follow technical and fundamental Bitcoin analyses. Some analysts focus on Bitcoin vs. altcoin market analysis as well.

If Bitcoin goes to the ground, we're fucked. If Bitcoin moons, the altcoin market will follow with some delay.

"In fact, I'm beginning to think the real scammers are the people who are active on Hive while screeching it's a pyramid scheme thus scaring off newbies who might become their competitors in the game of amassing tokens that an entirely separate group of people, speculative traders who never power up their coins, gives value to."

Oh yeah my scam has been being planned over the last 4 years and is now finally ready to be enacted.

I never claimed it worked like that. Besides, I wasn't entirely serious. I think there are many who do not really understand this system even among more seasoned users. But I suspect there are some people who actually don't want the Hive user base grow, particularly among the content creator set. I once talked about this with someone on Steem a long time ago. That person asked what the benefit would be for most content creators if Steem actually gained many more users. The answer is that in the short term, most content creators might actually lose quite a bit, unless the price rocketed following news of the growth, to which she replied she wasn't hoping for growth. The most irritating case was a known Steemian who had earned enough on her content to buy a house on them after which she quit and went on to badmouth the platform.