I am sure you own one of these tokens. Even if you don't, you own a cryptocurrency by now. At the same token, most cryptocurrencies lost more than 60% of their value alone in 2022. The same thing happened to a lot of stocks as well this year. For example #tesla lost more than 60% of its value. So it is game on everywhere. It will be easy to talk about lost and gains in the market. This is the characteristic of the bear market that threw us where we are now.
Interesting to see gold remains within its value for the last year.
When you go further in history fist currency always fair the worst. The US dollar since inception lost 96% for its value. Due to inflation and one man show it has been on a free fall for a while. What you can buy in early 1900, today you need roughly $30 to get the same product. Lately I was checking on everyday item like eggs. There is no such thing as 6 eggs for less than a dollar. Just to show you how crazy the dollar is free falling.
If the dollar is going crazy no need to compare it against other fiat currencies, it will be the same phenomena due to governments interference in the distribution of it.
Due to lack of proper oversight, it has become apparent cryptocurrency will fill the blank with no problem. I mean problem on our side.
If it has be for the bank you can rest assured crypto is long gone, disappear from the market.
Most conscious crypto projects follow #bitcoin line of action to control inflation. If you cannot understand how inflation works for a blockchain, run quick away from it, cause it will follow the same trajectory as the dollar.
Any project needs to follow the system where there is no head where it all falls on that person. A team and a blockchain will better serve long term. It may be possible to start with a vision. You have to trust that person as selfless and a community driven idea. #Hive feels that persona as you can see everyone with enough governance is part of that community.
One key aspect the tokens need a variety of holders to build the decentralized blockchain.
#hive is growing as well to that direction.
Now it is up to you to hold and keep yourself ahead of the threshold.
No wonder why it will be hard to stop this kind of blockchain where everyone has a say wherever you are. While #BTC is slowly losing its dominance. We see the #stablecoins are slowly marching with around 16% with clarity. It will be a solid state factor with them. They are the liquidity space that enable in and out for profit and they bring stability whenever possible.
Out of the ten top tokens, three of them are stablecoins. Alone they run the market with daily volume of $20 billion. This is a vivid example how necessary they are. This is why our own in house #HBD can be a game changer for the future of #Hive.
I expect more will hold it in the next year or two. While it is a debt for Hive, it is within the limit and set by the blockchain to keep both supply and demand in check.
A lucid eye will always give an ample hand when necessary. There will be always movement in price due to you and I need in the market.
By March #hive will solidify another year as a terrific three year old. I think it will beneficial for the holders since we are the example of what holding looks like. #hive value is still within anyone range. I heard a lot for next year. Less than four days in the radar. For many it is another day, another reset and another run, another goal.
