Yes i'm ceo of bitcoinmyk.com and i can give a thorough explanation of what you witnessed. So what you have to understand in a freemium service model the intial build up will be low volume alot of dumping and that will go on for a time however the value of the network generally increases over time. What you didn't see is that the recorded history of bbd coins and btcmyk have traded thousands upon thousands of dollars.

So in a freemium service model if you take a platform like facebook. Facebook has 2.5 billion users and is worth about a trillion dollars. Why does it have 2.5 billion users? Well simply because its a freemium service. Means you come aboard and you don't pay to use it.

Now if facebook let's say charged a $9.95 per month membership obviously you wouldn't have 2.5 billion users. It is the network and the most accounts that gives the platform value. The btcmyk project is deflationary in nature. However it's branding is not only on a freemium service model but a ubi model which means there is a much greater chance of building a valuable network especially if its constructed similar to facebook.

you're correct in that its going to crash and be very volatile because many people intially will want to dump for quick profits. However that doesn't mean the token is not of value because the token in itself has an intrinisic value that allows for other uses. So sure in comparison to hive coins the auction speculative market will set the price low. In relation to ubi communites that may not be the case and in its deflationary model it will more than likely see higher price gains.

The bottomline in crypto will end up being who has the most wallets and which platforms allow for growth. HIve is not a freemium service model and it moonlights around a 300 place crypto which means that the user experience on hive metric wise isn't receiving the public sentiment it needs.

That is because its too expensive to maintain. Same as many other cryptos. so the point is through freemium service models you can grow very valuable cryptocurrency and obviously hodlers will probably fair better in the end like many cryptos have done. You should also keep in mind that the entire btcmyk model works on discouraging and restricting whales because we believe whales generally in the end destroy crypto projects. In the beginning they seemingly do well but we would recommend that you monitor the progress of this project.

The numbers and statistics aren't considered good by most in the crypto space. Yes i agree there are some who earn somewhat a worthwhile living from hive. However is there an exception to that or is that the rule? Freemium service models have been proven to work time and time again. So yes you will see a very volatile low liquid market in teh beginning but that doesn't mean that will be the final verdict on the project.