LOOKING AT HIVE PRICE FOR 90 DAYS

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(Edited)

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While the market is laying on a swing, Hive price tends to remain steady for the most part.
I was trying to see if there is any huge swing from now going back to May 6th. That day Hive was price at 78 cents. As you can see the market is decreasing including Hive. As a general statement if you purchase Hive during that time till now you may end up getting more if you follow Hive way of putting it to work.

I did a simple math by grabbing 9 days throughout the 90 days to sum up the total. I divide it by 9 to see what I get. I did not follow any rule for the days I pick. I come up with 54 cents for Hive for the duration of 90 days give and take. You may find another number. I think it will be close to what I find. 9 cents is the difference maker from the price today.

As always Hivers do not care about the price. The reason is clear. Hive is usually stable across the board. Hive will go up more than going down to misery. This is a beneficial aspect of Hive. The holders are strong giving the token a way to breathe during a period of calamity.
For this year alone it was January, February, March, April. It was sporadic giving the market tendency. Hive seems to operate on its own when you think about the market price.

The level of volatility in Hive is causing wonder. Yes Hive is not throttling at $5 but you can go to sleep knowing Hive will not drop to 5 cents in one day. I hope not. Due to 13 weeks for Hive power it put a cap on the price to fly away when you want to delegate or power down. When you get your curation or upvotes after 7 days, you get Hive power. This maybe annoying if you want it now but it has been like that since Hive inception so for now deal with it. I know you can request 100% or half and half with HBD. This way there will be no weird sliding in price unexpected. The holders are doing a job to keep the price within the line.
It serves as a protection for everyone.

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Hive marketcap is low comparing to many other tokens in the market. I think it is a blessing in a double sword agenda. This could be the reason Hive price remains low. Sometimes it is good for a token to be in the middle. We want to attract more folks but we want them to be educated in #hive culture. Otherwise they will come thinking they can make a quick buck and quit the next week.
Hive is more like a social media where your attention is needed for a while.

Hive is like the spouse until death do us part. I have seen folks quit before. I guess they cannot take it anymore. Can you believe you give that much time and be part of the building and just walk away cause your ideas do not get along with others!
I am glad most Hivers do not get up everyday and look at price to make their posts.
It is all about getting better and build.
Actually the main attribute of Hive is to get more Hive the next day.
This is why Hivers love compounding.
This is the deal breaker for everyone.
Do you think Hive will go down this month to 25 cents?
If so what will you do?
Keep vesting in you.

Posted Using LeoFinance Beta



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9 comments
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I've seen Hive under .10 3 times, if I see it again.. Nothing changes

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I like your mindset. The price is just a mere spectacle to unwind your attention to the big picture.

!BEER

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True, it has dipped quite low, and soared quite high.
You have to survive the bad times I guess to enjoy the good times.

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Hi @pouchon

Nice to know the Hive price only change by 9 cents recently.
Other tokens fall much farther.
I know we fall pretty hard from $3
But seeming ly before the current Bear
Hive is always ahead of it's time
Even in Price decline
LOL

I agree the Hive price is nice at one dollar or more, but low price now means my dollars buy more.

Bull market is the time to stack and earn. It's a grind some times, but a joy at other times.

Fortunately for me the joy exceeds the grind. :)

Its rare to find asset that earns and appreciates, even if it's cyclical
I am happy to have found Hive.
It's tough to get along with everyone
And some fights and scarpes will leave their mark, sometimes blackmark on your reputation.

But you recognize your mistakes and move on to try be better, even if people don't forget. I make me a better me, noone else, so my acknowlegement is enough.

Take Care, we will thrive during the bear and emerge stronger on the other side

Posted Using LeoFinance Beta

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@pouchon
I just noticed your new badge:

You distributed more than 97000 upvotes.
Your next target is to reach 98000 upvotes.

Wow!

Thats crazy!
Your almost at 100,000 upvotes!

Congratulations!

That is an amazing achievement and an huge contribution of value.

Posted Using LeoFinance Beta

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