RE: If you still want to grow your Hive account / holdings....
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Hive does definitely feel more and more like a "utility token," and to a lot of people that's just not very sexy. "Not sexy," in the same way a stock like Applied Materials or Caterpillar are not sexy. No chance a utility token will suddenly go 10x in the next 3 weeks. And yet? If you'd bought $100K of Applied Materials stock 5 years ago, you'd have almost $350K today... with Caterpillar, about $265K. Which in a world of 1% APR savings accounts is some serious ching.
The question in my mind is just how far Hive has to fall before the "speculator/gamblers" throw in the towel and the "Value Investors" start scooping up cheap Hive to hold in the long term, seeing precisely the value of the overall project, rather than a pathway to next week's Lambo money. Bottom line for me is that I plan to be here for as long as the underlying project feels solid and full of potential.
Good luck on the continued arbitrage!
=^..^=
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you said it all. Yet I have a feeling that we won't take the utility token path. Ever
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