Why I think Hive Is A Great Buy These Days

in #hive3 months ago

In 2022 I wrote I think Hive should be sold. Surprisingly there were people that thought it is not appropriate to publish your honest opinion when its not in their interest. Even though I got flagged I couldn't care much since strong logic showed Hive price not a fair price.

I saw the interest rates on fiat rising from 0 to 5, the war in UA and the inflation. These made me think the computing power will get more expensive and drive witnesses to sell rather than hold debts and pay interests.

Also some pumos and dumps did not help reflect a fair price imo.

Well Im not a prophet but I got lucky that time, price went down from around 3000 sats per Hive to 700 sats per Hive.

At this price Hive is a very good buy.

I think the fair price is 1100 sats per Hive.
I exclude the pump that will follow HIVE TECH STOCK report on Feb 19-23. If some guys like making money on the ignorance of new player I am not the one to ruin the party. If anything though, more people try to eat from the cake the smaller damage, since liquidity will prevent extreme spikes (which are also bad to HBD stability and fair conversion values).

Also intetest rate will stop rising and seems the inflation is taking a step down.

So I think buying Hive for under 800 stas is a good trade. I think it will average 1100 sats and that fast traders will make even better margins than 100%.

Lets see, I guess this time my opinion is more likely to be liked, but I still do think we must be honest about our platform.
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I am sure you are well aware that the downvotes you receive have nothing to do with negative opinions of Hive posted on Hive and everything to do with other behaviours.

I agree, to expect Hive to rise to 5$ as some do, is delusional.
Unfortunately we have missed the train when it was possible. We are considered now by many as not an attractive new project, and only those get fresh money. Without a surprise success in gaming (maybe @arcadecolony?) there won´t be a mooning, also thanks to the attitude of many of the top accounts. They want to keep the status quo as this garantuees them the passive income they get currently.

We did miss a train. But there is still potential because this community learned a lot. Projects like deso looks nice but I guess they will repeat mistakes we already made.