A Look Into The Future?
This was my Hive wallet last night during the node issue the blockchain was having. I am looking forward to the days when it is true and I am sure there will be many multi million dollar accounts on Hive.
The truth is Hive has been under the radar for one reason or another and has been ignored by the majority. Many know of Hive and what it is capable of yet try and do their own social media type set ups. They are aware of Hive and why it is never mentioned as it is and can only be seen as a threat to others. Crazy that something this good can go unnoticed for much longer as the community is going to grow whether others like it or not.
We have all heard of the network effect and how that magically happens over a period of time and the same theory should apply to Hive.
The only thing to do is to carry on as per normal and grow as big as possible as the value will appear at some point. How much we have no clue but by all indications the $3.41 was nothing into comparison to what can happen. $3.41 will seem cheap as once the floodgates open there is not enough Hive to go round not like what we are seeing now.
Hive only has just over 371 Million coins in circulation which if divided by just 1 million would be 371 Hive each. We know that is impossible as there are nearly 1200 accounts who have 10K Hive Power or more. Hive will be a scarce commodity at some point further down the road and this is all about supply and demand which will raise the prices significantly.
@niallon11 mentioned a week or so ago that he was struggling using the Splinterlands rental bot that rents out cards even when he has 620 Hive on that account. The hard fork that is coming up will fix that as it is mainly about the Resource Credits. Still you have to have some Hive to get going and cannot have 0 Hive. You need 5 Hive to open an account which is still very cheap considering what it offers you in an earning capacity.
Hive is unlike any other block chain out there as we already have so many examples of how it has helped people in tight spots. Ukraine and Venezuela is still happening and many benefit from the support they receive to try and live a normal life. This is their life line and what other Crypto projects even come close to solving real world issues?
We know there are going to be hundreds of accounts if not 1000's who will have millions in value just by continuing to do what they do now. This is the long game and there is no rush as for many the journey started years ago already.
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Ooer! Wouldn't it be nice! But hey, well said and I agree with your thoughts.
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The long game indeed! It would be indeed a great evolution if the value of your account is over a million dollars. I hope that comes one day, I believe it is definitely possible, the question is what is necessary for it to happen…
Grow your stake and let the price take care of the rest. I honestly believe we will see plenty wealthy people in here and most likely they are already and don't know it yet.
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I agree with you. HIVE has not hat the deserved attention yet. I believe that the future is brilliant for the people who are building their stake here.
We'll see this happen someday. The middle class are growing slow and steady of which in years from now we'll see Hive making huge impact on numbers of millionaires all around the World.
No one would be able to ignore Hive by then. If Hive make me a millionaire then it'll be the best thing that has ever happened to me in this lifetime, just have to keep building and do the hard work now to benefit greatly in the future.!PIZZA
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I missed that glitch but remember to have experienced a similar thing in the past, seeing several million in my wallet. Also, back then, I liked to imagine that as a glimpse into my future.
I agree with you that Hive has so much more potential for growth and is extremely undervalued / underpriced.
Cheers for the reminder!
Hive is really progressing in a positive state where we will surely experience the price increase more than what we've experience before and the impact is tremendous and amazing as it add positive values to individuals in the blockchain.
Price will follow all the development along with whatever else is added.
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I am watching really close when it happens.
Glad to be around and see the power within Hive.
Can't wait to see $5/Hive.
In between I hope to get to 200k way before that price mark.
!BEER
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Sorry, out of BEER, please retry later...
Keep on grinding away and you will get there.
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A Hive millionaire for a day!
Nice ;)
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A few years ahead of schedule.
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Millionaire! wouldn't that be nice. Keep up the great work you will get there
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I know I will which is the funny part about this as this just seems very different to other projects I have been involved with before.
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I think it's very possible for anyone to have a million dollar account given time and constant work and investment. I know with my small holding during the peak of the rally I was sitting on about $300,000. In hind sight I should have sold a lot into HBD lol
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Yes that is true, but Hive will go above that and then it would have been the correct call to keep the Hive Power and grow more.
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I sold the little bit of Hive that I had and swapped it into HBD and it was great to do! Tripled my HBD. That was the only thing that I did for the pump which worked out well enough for me considering that others were buying things outside.
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That's great man! I know that we will all certainly be able to enjoy some rewards in the future, I am just hoping it doesn't come at too much of a cost. The direction we are headed is rife with pitfalls and precipices, we just need to be able to navigate it without falling!
I'm definitely looking forward to getting to these higher numbers but the best thing to do is try to stay consistent, present and engaged with the community. That's the best recipe for success! Having content that isn't shit also helps as well lol
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very true. Hive has a lot of amazing aspects and things conglomerated in a no cost transaction fee, this is the way.
!PIZZA
!PGM
!LOLZ
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If that value come appears to be real at this time, we can be sure to expect lots of new players on the hive blockchain..coupled with that , i believe that many people heard of hive already but the choice they have made not to be active is solely on them. Thanks for sharing
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If that value come appears to be real at this time, we can be sure to expect lots of new players on the hive blockchain..coupled with that , i believe that many people heard of hive already but the choice they have made not to be active is solely on them. Thanks for sharing
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Let's belive that the glitch wasn't a glitch, which asset will you expect to be higher in value.
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That's an interesting stat and makes me all the happier for my 5600 HP, that I am trying to grow towards 10,000HP this year or early next year. I didn't realise that this will potentially put me in the top 2000 holders.
The latest bear will slow things down no doubt, but when the masses eventually wake up to the potential revenue generation within Hive, I will hopefully have 5 figure HP and you will have 6 figure HP.