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I tend to say things that are bugging me instead of keeping quiet and believe this is something we should all be aware of.
Many of us on Hive are here for the long haul and are here for when one day the masses onboard and the price sky rockets. That has always been my hope anyway and one which still remains firmly in place and will always be the same. We have worked too hard and too long to give up on our hopes and dreams.
@tradewatchblog/wen-moon-using-on-chain-data-to-gauge-the-health-of-the-hive-economy
The truth is more has been hitting the exchanges than being powered up putting heavy pressure on Hive. In my opinion Hive is undervalued for what it offers compared to other coins and will hopefully one day be in the top 50 or top 20, but with this type of behavior it has no chance of claiming a seat in the top 50.
What burns my butt why are users supporting these individuals as they are leeches to the whole economics on here sabotaging the entire block chain. I have heard the argument they are your tokens so it is your right to do what you want with them which I get. In the same way it is your stake so it is your right to vote accordingly and I won't support this type of behavior personally. This is a touchy subject as many come out fighting knowing what they are doing is undermining everyone elses efforts. We had this on sports about 12 months ago and it has improved , but is a problem many of the tribes had or still have.
Leo is doing well as users stake but this is a rarity if we take a look around as for many it is about now and how much they can milk. Would you as a Leo investor support other users who are blatantly dumping if it started to happen putting Leo's price under pressure? The answer would most likely be a big NO so why is it allowed to happen on Hive?
I am going to reassess my witness votes over the next few days as in the comments you can learn quite a bit on who is dumping what. Hive was at 96 c and is now at 12 c and if this trend continued we could see a 9c before long. The bull market which everyone was hoping for with investors having made profit on Bitcoin may or may not happen so what happens if it doesn't?
If it doesn't it tells me that Hive will remain at the 10c-12 c price range as this behavior of regular dumping will just continue. This is unsustainable and the milkers need to wake up as they have no interest in long term growth and prosperity like many of us do. People are unfortunately soft in how they think and it could be costing them so much with a softly softly approach as others are taking advantage of their generosity.
I am here for myself and the community and want everyone to succeed in their hopes and dreams. I just wish others would wake up and understand what is going on around them and change the way they voted and did things.
