Why you should not give up on Hive!

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Today Hive is valued at 12.4 US Dollarcents, but what if?

I sometimes see people in despair about the devaluation of Hive the last few months. And that is understandable, but it is only a picture taken today. An average post of mine brings around 0.8 USD in direct Hive rewards, and the second layer of tokens brings me around 5 extra Hive per day, liquid. Which brings me today around 2 USD in rewards from posting, and then some curation rewards, and around 1 Hive in inflation reward. Which in total is around 3 USD per day, at current prices. Right, at current prices!

Because: What if?

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What if Hive goes back to 0.96 USD like it was back in April of this year? Then those rewards of today look a whole lot different! That 3 USD today is then suddenly worth 23.1 USD. Oh? That is not bad isn't it. And especially if you keep staking, the curation and inflation rewards keep rising. So, that 23 USD easily turns into 30 USD in a few months. That is a whole different ball game. But, there is more. This is in USD. But when we look in BTC terms, it gets even more interesting. Today Hive is worth 761 Satoshi. But at the top in April, it was worth 12421 Satoshi. That is a factor of 16.32 compared with today. So, that means that my average rewards of 3 USD could easily be turned into 48.96 USD per day. Wow, that suddenly looks quite interesting, right? And we haven't even calculated in a possible extra bull run of BTC there...

Imagine what is possible?

Is it a certainty? Hell no, but is it impossible, definitely not, because we have been there already!

Sincerely,

Pele23

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15 comments
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We are all disappointed by the current price but still yet, we won't give up. I am very sure the price will shoot up someday, it is just a matter of time as nothing is impossible.

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Ignore price at these moments and focus upon development. That is what will lead HIVE much higher.

There is a lot going on, it is only waiting until it all rolls out.

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Once it has been there it will get back, just a matter of time and trust. I'm not in a hurry to sell, but still preparing my liquidity.

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I cant see any point unloading at these levels. The growth rate over the next few years will be incredible. We are still only 8 months old.

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Nothing you write here is untrue.

There is so much going on with development, it is hard to say it will not impact token price at some point.

Look at the total market cap; Hive is small compared to what others are yet Hive has some of the most activity and development out there.

Something doesnt line up.

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Thanks for the reactions, and I really hope you're right. But may I ask you a question? Why do you comment on this post and several comments, but not upvote the post in the first place? Did I do something wrong?

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At some point it will go up and everyone who has stayed busy and accumulated will be smiling. Many of us see exactly what you have written and why we are still so active. This is the time to fill your boots and grow as who knows what any of us could be worth on a daily reward in the future.

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I think the price will definitely rise. with the development activity that we are seeing here on HIVE, I see a bright future ahead of us. Just keep building up your portfolio. cheers

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