The price of HIVE has been bouncing off that $0.10 wall for quite some time now. For those who constantly watch the charts, prices and sweat the ups and downs, this can be a stressful time. Others see a buying opportunity and are waiting to see if the price will drop more to maximize their purchase. I happen to be bullish on Hive, so I'm in the latter group hoping price will drop some more.
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Every crypto has its flaws in addition to its strengths. I believe if we had a truly perfect crypto, we wouldn't have so many altcoins on the market. Sure, some are created purely for pump and dump schemes, others are built to serve a specific use, but notice that even those built with specfic uses aren't perfect.
I believe Hive still has a lot to offer. Sure, the DHF spending needs to be curtailed and rewards abuse will always be an ongoing battle. I also believe HIVE needs more use cases to attract more than the people who want to create content for rewards. Despite all of that, where else can someone start with nothing, use their creativity, time, networking and perseverance to create and build a stake of HIVE? I've seen other crypto platforms try to mimic what Hive is, but none come close.
So, unlike most I'll be hoping the price dips a little more so I can increase my stake.
I think we can all agree Hive is still unique despite its issues. Rather than moan about the price, let's take a step back and ask ourselves, "What would people be willing to buy HIVE to spend on?" I think once we approach Hive from this frame of mind, we can build Hive up rather than become trapped in a defeatist mindset.
With that said, what do you think would help give HIVE more utility and give those outside Hive a reason to join and/or buy HIVE?
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