What can be done to get HIVE to $1?
This post seeks to have your opinions on how 'we' can get the value of HIVE higher. Truth is, we all want to see HIVE increase in value but how do we achieve that? How can everyone contribute to achieving this?
I know HIVE is still a baby project but ever since its launch, it's all time high (ALH) has been at $0.92 as shown in the chart below. Can we get back up there? How?
Let's talk...
Cryptocurrency is purely based on mathematics and codes, that we all know. Whenever more money is being invested being into any coin, it tends to affect its value. So, one the ways to shoot the price of any coin is via monetary investments that is, people buying more instead of selling. Thus, attracting more and huge investors could boost Hive. But, how do we get people to invest in HIVE?
On the other hand, huge investors might be very limited. For instance, on Hive, the ratio of curators to content creators is very far apart. Very few want to bring in extra money into the system. How then can the masses have a way of contributing towards the growth of HIVE?
Kindly drop your suggestions.
Then again, we must know that we all have a part to play in the growth of HIVE. It is not a one-man job rather a collective one. Personally, I've taken it upon myself to intimate many about the concept of earning Hive. I have onboarded quite a good number in the past weeks and there are more who have shown interest in joining.
How can you help HIVE?
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I think what we need is for people to want to buy hive for a reason, and keep it for the long term. We already have the Hive power mechanism which provides an incentive to keep the coins, so if having more hive power is desirable then hopefully that attracts more funds. One way might be to attract existing businesses into the ecosystem, like encouraging a company to have a rewards/incentive program using either Hive or custom coin on the hive block chain.
As with other markets, once real money starts flowing (for a reason, like in currency market export demand rising), the speculators will jump on the bandwagon and multiply the increase in demand and price.
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This will create more utility for the coin.
Noted!
First we need to forget this.
I think I tried to answer this in my below post.
https://leofinance.io/hive-167922/@r1s2g3/hive-needs-to-attract-and-promote-businesses-too
Bring and support entrepreneur in Hive, Hive will flourish.
Posted Using LeoFinance
How do you mean?
ok,Instead of youtube you can start with 3speak, using the native interface of Leofinance ,if you are affiliate marketing the buy something using CTP token , give a try to your listing in hivelist and if your friend is in some crypto business then you can ask him to just accept the Hive/HBD.