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RE: Hive at a Breaking Point A Chain Losing Its Builders Not Just Its Price

in LeoFinance23 days ago

I care about Hive but I can say from entrenched experience that it is no longer builder friendly.

The corrosive mindset of using funds to pay for friends to maintain the status quo has continued to get worse. I still have hope it changes and I still build/maintain INLEO as the LEO ecosystem’s hive branch.

Outside of that, it’s really tough to build things here without having your own profit centers.

Even when you do that, it’s attacked. INLEO premium is one of the few successful means that any hive project has shown to monetize itself. Some from hive have tried to punish users for going premium. Why? I can only point to an anti-business mindset.

Not trash talking. Just saying that this must be fixed before hive can succeed. Builders don’t feel comfortable here anymore. Dcity is gone. Beeswap conversions are gone. Countless other projects have shuttered

What if something major leaves completely? Splinterlands. Hive engine. INLEO. What will happen if the big projects eventually leave? So far, we’re all surviving and building continuously but that can’t last forever in this anti-business environment. Meanwhile, Vaporware and maintenance is getting funded on the DHF and leaking economic value from Hive.

Hope this changes! I still believe it could.

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Can Hive Engine leave?

Yes, they have their own sidechain.
They use jsons written to hive, but have their own witnesses to verify things.

If you look at the bottom of beeswap you will see the h-e api node, clicking it brings up a voting window.

Yea that’s news to me. I mean I guess I don’t understand where they would leave to?

Either way I learned something today. Thanks for answering my question!

H-e was built with leaving in mind, because those that controlled things back then gave aggie the backs of their hands when he got here.
H-e could just as easy operate on any other low/no fee chain, afaik.
Leo seems to have made the jump, already.

Interesting. Well a lot of HE tokens provide yield by using the reward pool so that, at the least, would lead to a very strange turn of events.

Leo is calling h-e leo wrapped, so I figure they could do that with all of them if they changed chains.
I'm actually surprised that they haven't already.
Perhaps the other attempts, whaleshares, bearshares, blurt, a few lesser known others, serve as a warning to what lays ahead when you jump the hive ship?

Using the pool to give value to h-e tokens is bad, imo.
They are selling hive and buying their tokens.
Who is buying that hive?
Folks that already have game breaking amounts because they don't think we can come back from a nickel?

I'm hoping you can turn the page for us, but this book has prior chapters.
Most of the solutions have already been tried, albeit at a different time.
The crowd was much different, too.

We've needed new blood for a while now.

Using the pool to give value to h-e tokens is bad, imo.

I am not like super against it outside of the fact that HIVE is inflationary. So when HIVE goes down a lot of these tokens lose their dollar value too. Even if the HIVE APR is the same, the dollar value of the apr goes down too.

Very different than alts that are propped up by Bitcoin.

Who is buying that hive?

It looks like a lot of it is ending up on Binance.

I'm hoping you can turn the page for us, but this book has prior chapters.

I spoke somewhat to this in a prior post. Not shit I can do by myself. Talking on HIVE helps more than people realize though.

On the coming back from a nickel thing. That would depend on a lot of things. There does seem to be a relationship between HIVE price and what things get funded through DHF. Like less stuff is funded right now than when we were at a higher price. That is a good signal but not enough. There are lots of positive long term signals but lots of negative short term signals.

I think 5 cents in 2026 is most likely based on the current setup. But people tend to adapt so I am looking forward to being wrong if that happens. I just am not bullish on HIVE price right now.

Me wanting to buy HIVE because it has potential is based on a long-term view. Short term price action for HIVE, in its current state, is impossible to predict in my opinion.

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I slept on this and did have some questions if you have the time:

• What happens to the LEO NVIDA and LEO Telsa tokens if you leave?
• What happens to LEO NVIDA and LEO Telsa tokens if Hive Engine leaves?

I had no idea you or Hive Engine leaving was on the table.

You are aware of Leo’s history right?
If not look into Cub Finance (2021/2022)
They have failed tokens and items in past.
I expect same to happen to these obvious short term value grabs like the fake GLD & Tesla pegged “tokens”. These are single person totally controlled projects not decentralized crypto tokens. Buyer beware.
!BBH
!ALIVE
!PIZZA
!LADY

I expect same to happen

I think looking to the past to make predictions about the future can be reasonable. History does not always tell us what will happen but it is good to consider it.

I have never bought any of their products so I would not be a good person to speak to their history.

Thanks for sharing!

Especially if it’s regarding Leo, nothing has changed. Most people just use it for the big Leo votes. The paid subscription I mean, it’s literally vote buying/selling. I’m disgusted by Leo and the so called tokens released will definitely not end well. Leo is anti everything crypto stands for. Also I don’t understand how those who believe selling votes is wrong and should be punished can support it. Just my opinion I guess. Cheers!
!PIZZA
!BBH
!ALIVE
!LADY

Also I don’t understand how those who believe selling votes is wrong and should be punished can support it.

I don't know either... Money talks? 🤷‍♂

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