The price of hive is important to people. For those dedicated to hive, the price isn't very important, but not everyone here is dedicated. The harshness of life is also evident here. There are many people who have been abandoned because their spouse became seriously ill or because their spouse went bankrupt.
I think there are two major problems with hive:
- There aren't enough innovations. People expect innovations from witnesses. There are witnesses who haven't even posted anything in a long time.
- The hive price is low, and there are too many hives on exchanges. We need to find a way to stake the hives on exchanges on the hive blockchain. I think the current hive staking rate is 3.86%. We could increase this rate a bit and extend the power-down period.
RE: HIVE Price and Why I Am Not Worried