Are we becoming a FAUCET blockchain?
BITCOIN rises not only on price but also in dominance, however the total Market cap is more or less the same as we have experienced since early August. And when it does so, it squeezes the majority of the altcoins till the max.
Most of the squeezed altcoins are DeFi projects which are now losing interest in favor of the crypto king. The most stable keep being the traditional altcoins as ETH, XMR, XLM or LTC which at least try to defend their stake of the cake.
It's a pity to see what is happening nowadays with HIVE, we survived to another hardfork, which has not change substantially our base algorithm and which has not have any effect on the HIVE price but the contrary... When I first started on STEEM, back 3.5 years ago, I read somewhere, not on steemit, that STEEM was the king of the "FAUCETS"... Seeing the great potential of STEEM, now HIVE, I have never thought it would be used as a FAUCET blockchain but, honestly, I think we are closer than ever to that stupid vision. HIVE is clearly being used to accumulate satoshis. Obviously, we are certainly not doing well in terms of advertising ourselves and being in the 150 position on the coingecko's ranks does not help at all.
By when a proper Business Management Plan on HIVE? What about a Marketing Strategy? Should we fund the ideas of people like @khaleelkazi who has plenty of them?
At this point, we should stop refining the code and think about HOW TO SELL IT
Inaction will kill us.
Sorry for being so catastrophic...today my mood is bad.
