I have to agree.
People like @crimsonclad are still shamelessly dumping Hive, as if there is no tomorrow. And @blocktrades and the "usual suspects" are supporting this leeching behavior. Completely reckless.
With such "role models" I see no hope. They seem completely unaffected.
We need to create a revenue stream for Hive, to create buy pressure. But seems nobody is interested in this. More priority have useless Hivefests...
Or even without buy pressure we at least need to stop pounding the order books with sell orders.
Asking for a business model may be too much, in 10 years they never built one and it is not now that we will successfully transition, that is the long term play if we want to be optimistic.
The short term play is to stop giving a check for some people to consume and ruin the little liquidity there is left. We will not spend our way out of this hole because no one ever did, we need to stop digging deeper. Why don't they stop digging deeper?
That is the key question. I would love to know from one of those topvoters if they EVER would consider unsupporting the proposals, if Hive reaches 0,045 or 0,04 or 0,03?
I have the feeling they would never. As if they have enough milked out of Hive so that they don´t care anymore. This is the sad conclusion for me.
Sorites paradox I think, maybe they even think "if it goes low enough yes I will cut funding"
But every time it goes low it still doesn't feel low enough and they still keep funding and thinking that "when it is low enough I will cut it all off".
Like in the paradox, when is the last grain you can take off of heap of sand that makes it stop being a heap of sand? How low is low enough that they need to cut funding?
I wish they said clearly either "I will never cut funding" or "I will cut funding when..." and gave us numbers
With some of the proposal payouts ending soon, and a few sellers wrapping things up, things may be looking up by august/september.