Hive: The Dump On The Way?

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Screenshot of Hive price today, HIVE to USD live, marketcap and chart _ CoinMarketCap 2.jpg

Great Day here on Hive and it's one of those days I'm never prepared for. But, Hive feels Dumpy doesn't it?

I don't mean in it a bad way but the price the last few days is causing a lot of people to hit the power down button and so we are going to see a lot of sells in a few days.

I've been powered down for months now waiting to make my moves. The problem is that I have no clue what my moves are going to be. Being woefully unprepared is kind of my thing and this is no different.

I love Hive yet, it is the token I always sell to take crypto risks somewhere else. Pretty much all of those risks are losses and some are mired in confusion. Like Leo.

I dumped pretty much all my hive into Leo when project blank was first being tossed around. Project blank sounded like where a guy like me would be most successful so I converted and started to wait.

And, wait.

Still waiting.

And along the way, sold more hive for Cub. Basically turning a lot of hive into a little cub. Things like that have turned my hive bag into something a little less than a quick hit on a day like today.

But there is hope for me yet. I have about 2000 Hive to my name but have 6000 leo, a $2000 Splinterlands Card Collection and a tiny chunk of DEC/SPS. The hope comes the fact that this seems like more than a Korean Pump for Hive.

I'm starting to hear more about Hive off chain and a more diverse group of people are talking about Hive for different reasons. Most refer back to what a great blockchain it actually is. And transactions are Free!!!!!!

But guess what, they aren't free!!!! We need resource credits!! That's something that @edicted has written about extensively but I can't link to the articles because we still have a shit search capabilities here.

So it occurred to me, via @edicted, that if Hive is truly growing and developers are discovering that Hive is truly the "place to be", then they will all need Resource Credits. And, guess what folks. We have them. I have them and you have them.

The hope for me after selling so much of my hive is that resource credits are going to become more and more important and I don't need to be concerned with the high price of hive right now. I actually need to accumulate more.

So when those people who are counted the minutes until their power-downs hit so they can sell, I think I'm gonna buy. I feel like this is the beginning of Hive's moment. Hive has arrived!

Posted Using LeoFinance Beta



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14 comments
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We've been dumpin on this bitch, and she still aint goin down !!

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I had to cash some out so I could buy a PC to mine on SPKnetwork

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Probably so, but at the same time, it can do better. I foresee a much ATH to be reached this bull run, too bad I don't hold liquid HIVE to play the market.

Posted Using LeoFinance Beta

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mine is mostly liquid but after all this time still don't know how to play the market.

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The price is further up right now but I wonder if we have to wait a week or so for people to power down.

Posted Using LeoFinance Beta

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Honestly I was expecting a dump and every time it starts it gets grabbed up and hits an all new high!

Posted Using LeoFinance Beta

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thanks!!! It's crazy isn't it. I expect a dump

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