Just The Beginning?
Not very often that we have nearly the biggest bubble around so it is rather special to take note for next time. I think at some point we will change ponds earning our way back into the top 100 and not be in the second division.
Well that price movement was rather quite predictable and wish I could see other crypto as clearly as Hive right now. Hive is seriously doing some damage to the sell orders and looking up to the $2.40 area there is not much to be honest as it has all been whittled down. The funny thing is we haven't even hit December yet and definitely catching the eye of the crypto world. How can you not pay attention to what is going on as many would have some serious FOMO right now.
1765% growth in the last 12 months is mind blowing. Forget the other bigger circles as Hive has a long way to still go and has some serious legs.
We all know what it feels like as it was always the other coins and never Hive making the moves. Things have changed however and something is definitely happening in Korea as the exchanges show they are definitely the ones showing some much needed love. Low volume is definitely what is moving this baby around as over the last 24 hours $600 000 created this carnage and in crypto language that is nothing.
My own thoughts are we have seen nothing yet and this is just the beginning of what is going to happen over the coming months. Who would have thought that a $6 or $10 Hive was possible when we were down in the doldrums on April 6 2020 at 8c. Those thoughts have changed and expectations are much higher and it is not about being greedy but more about what Hive deserves as we have much more going on than 99% of any other crypto project out there.
In Tarazkp's post last night he highlighted something I had forgotten about and that was the old Ninja Mine we turned into our development fund @hive.fund and this is massive getting more valuable by the day as Hive increases. This account has over 68 million Hive locked away which in todays value is close to $140 million. How many crypto projects have that sought of budget set aside for development and has Hive sitting pretty.
I am not one to price speculate and would rather just wait for it to happen as this is the fun part. However this plays out over the next few months we should all be smiling not only on the price of Hive but what we have been a part of as we have all contributed to this in some round about way.
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It is really awesome and a better improvement in the price pump up. My expectations was to reach the $2 before the year runs out not knowing it would reach that amount in November, great improvement on the blockchain as our expectation now is for the price to reach $3 before the year runs out which is likely possible.
Extremely exciting day, I am surprised to see this happening this fast, but as you already said it, 10 $ hive is surely not overrated…
Definitely a good day and kind of tells us that we have low liquidity on the exchanges as this was all low volume. $10 should be comfortable when everything heats up with the alts. Next week I am going to watch as this is when I was expecting it to happen.
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Just the beginning is right
We are always talking in terms of 5 year stretches so this is a lovely surprise but not the end game at all.
Good projects take time and was funny enough just reading your post. I thought this would only happen next week like all the other months prior to this so we could still see more fireworks in 7 days time.
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Who knows what we could see next. This moonshot came out of nowhere but its long overdue.
We can dump back to $1 very fast or gain momentum and hit $5. It's impossible to predict.
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