I mean HIVE has a lot of fragmented communities all over the world. When people say it's a cult, it is patently false. I don't think the whole HIVE has a consensus on anything.
We do need more big accounts and people willing to invest. If whales were treated better here I think more people would power up and HIVE price would be a lot higher.
I know quite a few people on HIVE that could powerup more than I have, but these people do not want to powerup because it just gets so crazy sometimes lol.
I have made posts trying to articulate "why." It is a hard thing for me to articulate in writing without hearing me actually speak about it. The text itself does not do how I feel justice.
There is NOT a single reason why I am buying HIVE right now AND my beliefs tend to be a bit contrarian in nature.
A concise answer to your question is:
I love those concise answers and hope to see more detail in the future (when the words come to you😆). It's interesting to see someone investing so much in Hive in these times. Almost all the whales come from the other blockchain.
Kudos to the other whales for putting up with all the nonsense for so long. 😅
People act like downvotes give leprosy and Blurt is a paradise when we all know Blurt is dark, wet, and scarry.
I am just speculating on the Blurt part based on the users they send over here to recruit.
The price is very low, and people that do believe Hive will recover from this expect they are buying a dip, not a crash. I have heard people say they were waiting for the price to drop to <$.10 just so they could buy it.
It did drop to $.09 and then recovered to $.11 temporarily, and now it's back down at $.10, so at least it's not at it's all time low. I've been here a while and seen token prices rise and fall. There are still $M's in the DHF, and BT will do what it takes to get the price back up enough to prevent a complete collapse of Hive so he can continue to mine that money.
This isn't the end, even in the worst case scenario, but it might be the beginning of the end.