I’ve cancelled my limited Power Down now that we’ve hit July and I've knocked off a few bills, so for the moment my Hive Power has bottomed out at 250K. That’s where I’m drawing a Line in the Sand as I hope to be able to maintain that level into the future. The Hive Price has been holding support at 20 US Cents and looks like it could be consolidating around that 20-25 cent range that I was expecting so that’s encouraging and I’m happy to be patient. I've been here for almost 7 years and I feel like I can go for another 7...
I still believe that Hive has a lot to offer. From a community and network perspective there is some maturity here. It still feels like we’re very early on a global macro trend away from centralization and people still (for the most part) are only gradually getting their head around what Decentralized Governance actually IS and how to get it to work. Lots of mistakes are still being made, and they will continue to be made. It’s how we learn and evolve. I won’t try and name and shame though because I want this post to be about the glass being half FULL...and I believe that it IS.
Crypto across the board is kind of in a strange Limbo / Holding Pattern right now. It does seem like people are looking around at each other and asking – "What’s Next?" I wish I knew. There are a lot of shenanigans going on in the political and regulatory landscape world wide, but if you peel back the nonsense there is a slow and steady stream of Good News for crypto trickling through as it is becoming more mainstream. To me it seems like we just need 1 or 2 catalysts for a Bull Market to kick off properly and I think we will see that happen in the next year. So for now, it’s HODL ON!
