HIVE IS BUILDING ITS RESISTANCE ONE BLOCK AT A TIME

It was not a surprise for all Diamond paws to see Hive reaches the dollar mark. Actually it is a month and a couple of days Hive has been trading way past 3k satoshis. The volume and the value of Hive lately is something we have been waiting for. I recalled most of my posts I have been saying we need to hit the dollar. It is funny we did and life continues.

Hive has been undervalued since the beginning. Having a blockchain dedicated for decentralization in a world where centralization is prime, this is priceless. Now if you do not hold your token and drop them, that is your business. I am shaving some Hive to acquire some #leo. Not long ago, a diamond paw just reached 100k leo. This is my goal as well since this is the community to be in.

It will be possible, thanks to Hive. Thanks to you that believe in the community. If the price stands for a month, this is definitely a community affair. We have so much going on in the second layer, hard for a post to divulgate everything. When I look at the price of Hive, it tells its own story. It is okay to sell some but it may look harder to go purchase some in the market. Unless you can earn it via posting and curating.

Having less token hitting the exchange, that cause a tight demand constantly on the market. Second layer is on the motion to eat all the available Hive very soon. #splinterlands, Dcity, Leofinance, Tribaldex, Beeswap, and soon ragnarok game, SPKnetwork all will come to swallow as much Hive as possible. This constant pressure is favorable to see Hive jumping from its resistance of $1.5 easily to $3 or $5.

Everything seems to be dormant right now. Even #cub is losing steam due to holiday. Holding CUb and Leo tokens will allow holders to participate in the incoming airdrop for #polycub. Hive is mixing everything together. Usually Hive used to be a token of only social media to write and post. This philosophy has changed where Hive will do that plus more. I even managed to secure some polygon token for the polycub defi. As you can see everything is roaming back to the blockchain, to an extension the Hive community.

Hard to speculate that early, the minute one Hive is set for $5 you will see a different set of investors coming over. No more cheap Hive where even a dollar could be a thing of the past. Value always go after value. By 2022, hopefully the next Hard fork could have the reminiscence for resource credit for delegation creating more Hive for the eco-system.

At one time we think we had way too many Hive. We were thinking of burning Hive in order to put pressure and have the right price/ value for Hive. Now it seems with #hbd that we need to create, we need more Hive. Maybe it depends by the need of the blockchain, the witnesses can raise the percentage for more Hive creation. I think the other way around could bring more value. By promoting more HBD creation with a higher percentage, it will benefit Hive price quicker.

Since Hive is a pure decentralized blockchain, the value is derived straight by the token holders. The more Hive powered we have, the more the expectation is paving the way for Hive price to rise. People sees the need to hold Hive. As I say many times, Hivers do not jump at a price increase. It is not we take it for granted, it is an expectation for Hive to move up and bring value to everyone that believe in the long term definition of the community. Best for any holder, keep vesting in first and second layer, we are about to witness a $3 billion valuation blockchain in the making.

Posted Using LeoFinance ^Beta