LET THE SUNDAY HIVE FLOW ALL THE WAY
Usually Sunday tends to be a so so day for crypto trading. Sometimes it is already Monday at some place. This weekend continues what was start last week. August is coming strong for Hive holders. So many things on the books for crypto this year. Miners, brokers, POS,POW, legal tender, you named it. Crypto is in the middle of everything the Financial World can think of. Hive is no different while following the major news in the market.
Lately Hive follows the value parallel of BTC with the inflation diagram from exchanges. No matter the value for Hive in dollar, Hive tends to stay within 1000+ satoshis. Hive could reach 30 cents and it is still 1000+ satoshis. Hive could reach one US dollar, still a 1000+ satoshis. Small fish follow big fish. Since BTC is the leader of the board it is good to know the value remains close to what the exchange rate should be. Let's hope BTC follows its way to the altar and Hive will do the same with no issue.
I do not think we have liquidity issue anymore. Enough Hive is flowing to the exchange to keep the market going. HBD is getting enough help to remain peg to the dollar with inflow of Hive as backup. While curators curate, the devs team are working with the witnesses to maintain a fluid ecosystem for everyone to benefit. Make sure you get your Hive worth to participate in governance if that is what you want.
We are talking about $100k/BTC, I can clearly say Hive is heading to the dollar mark very soon. Not so much value for newcomers, it will be harder for them since the reward pool will stay the same no matter how much Hive is worth. Thanks to some communities and tribes, newcomers will have opportunity for them. If you want to go quick, get some Hive in the market and pave your way.
The importance of Hivers holding Hive is getting clearer day by day. It could be hard to see the under value at 40 cents. The minute Hive reaches a dollar, the scale will tip for those who weather the low prices for a while. The inflation aspect of Hive is part of the reason this token will go a long way. Everyone can get some from the system. Just be there and put the time.
Even if you go the tribes route, you are on the winning side. These hive-engine tokens are traded against Hive in the Hive-engine market. If you remembered #leo tokens at the beginning of the year, it was something I will never forget. Hive is loaded of opportunities for those who understand the value of this community. Sunday is the relax day. Hive can be whatever you want it to be any days.
I have to thank this Hiver for commenting on my last post. It was positive energy like never before. I know business has no heart, but we humans we have everything to make this community great. From a Hive prospective, we need to support each other. Engage is what drive the power of this whole blockchain. #leofinance does it better. Congrats. In the meantime, allow Sunday to be the day to chill while we earn crypto. Keep stacking them vests.
Posted Using LeoFinance Beta
