Note: this post isn't meant to put 
The image above is a screenshot from the Hive slack in the #price room.. I found myself typing a long ass reply to
I wouldn't say that the (HIVE) project has lost momentum.. Nor would I go as far as to say things are stagnant. The 15 minutes of fame are over from the steem split so it makes sense that we're no longer talk of the town. Hard fork is coming up. That is exciting progress and certainly helps distance HIVE from it's origin chain.. But then again we've got like 800 active users daily and only a tiny percentage of those are actively bringing in capital or use cases to HIVE. For HIVE price to increase it needs to attract capital and in order to do that it needs applications built on top of it that compel individuals from outside the current community to purchase HIVE in order to use / participate in said applications..
The "shitposter" inflation giveaway (blog rewards) as far as I can tell is one of the few things attracting people to use HIVE, albeit it's attracting the types of users that tend to have little in terms of capital to invest, but what they do invest is time and sweat equity, which has varying value depending on who you ask.
I think we need to look beyond what the HIVE price is and focus on building things on top of HIVE that will ultimately give people a greater reason to get involved and purchase and HODL HIVE.
Yeah..Price sucks the past while, but looks like a lot of markets are tanking. Sitting around and pointing fingers at people and decreeing they are the bane of the HIVE market cap is fruitless at the end of the day. DPOS style coins like HIVE are always going to have inflation, that inflation is going to always end up in someone's pocket.. And thinking for a minute that taking a decent percentage of said inflation to dangle a carrot in front of people to potentially have them get involved in the community is some how a bad thing perplexes me. Hive needs use cases, users, broad market appeal and ultimately a plethora of solid fucking reasons (applications) to make it attractive to investor types.
This community has been around for a while.. The current blockchain not so much. The direction the chain decides to go ultimately relies on the larger stakeholders taking the reins and directing it towards a goal which sees not only userbase growth but also market cap growth. HIVE is fucking tiny right now both in userbase and price.. with the price being basically fucking irrelevant as long as we can afford to continue running the infrastructure to continue building upon it.
Go fourth and build a reason for HIVE to become big. Stop looking at the short term price and start looking to what you can do to help build a thriving ecosystem. At this point in time the crypto ecosystem is absolutely infatuated with stupid ERC-20 tokens, which is fine, it gives us as a community time to create things that will draw in new users an capital after the whole ETH token bubble goes tits up..
Because it will.. And when it does.. We'll hopefully be ready to take in the users and their capital.
If you haven't already figured out this reply isn't exactly directed at
