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 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

Take a Peek

BY: @tarazkp | CREATED: July 5, 2024, 10:06 a.m. | VOTES: 417 | PAYOUT: $28.30 | [ VOTE ]

> Does this suck?

Yes. Yes it does.

> Is it the end of the world?

No. No it isn't.

[IMAGE: https://files.peakd.com/file/peakd-hive/tarazkp/23uQNRQNbGznsddUFNpYCG7KFXzUt8fHS4fSzwWykNiV4PuXMNFcqt9dxyU5XF2AVoEeo.png]

Markets are marketing - so suck it up. If you have cash to spare (or burn depending on how you look at it), buy. If you don't but are watching your crypto holdings bleed value by the minute - hold.

> Or sell.

Perhaps crypto is dead and you best get whatever value you can take from your holdings now, just in case. Or perhaps you can sell now and buy back at much lower prices later, and double your stack, and make insane gainz on whatever you have. Will they be insane, or just better than not crappy?

> Depends on how much you hold.

When asked "how much crypto do you have?" I think the answer is always the same for me.

> Not enough.

I wouldn't mind some more right about now - though what I would buy with doesn't motivate me. We have booked the landscaper to start work in August and that is going to be expensive. But, damn that would make a nice little buy about now. Of course, my wife would never agree to that, especially as prices fall, because she would be scared of there being no recovery.

> Risk and reward.

What are you willing to risk for what level of reward? What kind of timeframe do you expect to get the reward in? How much will you pony up?

In my experience, a lot of people on Hive aren't willing to actually buy Hive. They complain about earnings and they complain about price too. When it is up they say it is too expensive to buy and they have missed out. When it is down that Hive is dead and they aren't willing to spend on it. One of the drawbacks of Hive as a token is that it is relatively easy to earn from the inflation pool without investing anything but time, and many people don't even invest much of that in either in order to earn.

> Easy for me to say.

Because I do earn a little bit on Hive, yet I also keep investing it into Hive and Hive people also. I have been buying with my HBD for months now, which is a bit annoying because I could have bought a lot more. I wasn't expecting it to go down to 16 cents, thinking that 22 was around the low, but hey, it doesn't matter too much if it is going to be a dollar, two dollars or five dollars one day.

> One day.

Like many, I used to think that crypto was going to give me a big pay day one day, but I have given up on that a little. Not totally, but I see it as more of a game from the monetary side now. It could pay off and I "win" or it might all collapse into the mud and I lament not selling earlier, or getting into it in the first place. Regardless, that is life. Sometimes we get lucky and sometimes we get kicked into the testicles full force. I have been kicked in the testicles a lot in life.

> It is amazing I have a child.

But as frustrating as the price can be at times as it impacts future plans, life goes on and without crypto, I'd still have to work anyway. So, what actually changes? This is different for those living off their crypto earnings and trades, but that is a risky position in such a volatile market at the best of times, let alone the worst.

One day I will wake up and everything will be to the moon - or it will be zero. At this point, I am banking on moon, but I am not going to put a timeframe on when that moon might rise, or when the sun will set. I will just take a peek every now and again between living the life I have.

Taraz
[ Gen1: Hive ]

TAGS: [ #investing ] [ #mindset ] [ #hive ] [ #markets ] [ #economics ] [ #life ] [ #family ] [ #health ] [ #reflect ]

Replies

@videoaddiction | July 5, 2024, 10:15 a.m. | Votes: 1 | [ VOTE ]

Of course I hold and will hold, but tbh HIVE has made me disappointed. It is a coin based on a great project, does not deserve this price.

@tarazkp | July 5, 2024, 12:10 p.m. | Votes: 0 | [ VOTE ]

Yep, it is disappointing. What irks me at times is crypto people talking about decentralization - yet spend all their time on centralized media.

@aljif7 | July 5, 2024, 10:21 a.m. | Votes: 0 | [ VOTE ]

The turbulence is doing a lot of uncertainty! Well, lets see how it ends the year. But it looks like uncertain 🤨

@coinjoe | July 5, 2024, 10:28 a.m. | Votes: 1 | [ VOTE ]

I just bought some the other day. Wished I'd waited. Oh, well. Guess I will grab a little more maybe when it drops to .15 or .10.

I'm here for the ride.

@tarazkp | July 5, 2024, 12:10 p.m. | Votes: 1 | [ VOTE ]

It might be an interesting ride - or it might be the worst ever!

@hivecurators | July 5, 2024, 10:34 a.m. | Votes: 0 | [ VOTE ]

🎉 Upvoted 🎉 👏 Keep Up the good work on Hive ♦️ 👏❤️ @bhattg suggested sagarkothari88 to upvote your post ❤️🙏 Don't forget to Support Back 🙏

@cmplxty | July 5, 2024, 10:46 a.m. | Votes: 1 | [ VOTE ]

Ah I just used most of my HBD the other day as well! I’ve got a tiny bit left that I’ll use as I can but it would’ve been nice to use it at these prices lol. It’s all good though, these markets are getting rid of the paper hands. I think as well now that poopy pants president has been turned on, they are dumping all kinds of markets to destroy him and his team. It’s all a set up and long game with these crazy people in power.

@tarazkp | July 5, 2024, 12:18 p.m. | Votes: 0 | [ VOTE ]

> I think as well now that poopy pants president has been turned on, they are dumping all kinds of markets to destroy him and his team. It’s all a set up and long game with these crazy people in power.

This is what the markets are doing I think too.

@heruvim1978 | July 5, 2024, 10:59 a.m. | Votes: 5 | [ VOTE ]

Enjoy the ride, but always take something like 10% from the profits and stack it in the bank when the time is right.

@tarazkp | July 5, 2024, 12:17 p.m. | Votes: 0 | [ VOTE ]

Yeah, the 10% won't do much for me - so I just roll it back in.

@pokermaria | July 5, 2024, 11:13 a.m. | Votes: 0 | [ VOTE ]

😀 You should ask the question, why people on Hive aren't willing to actually buy Hive?

As those answers would show the problems, why it has broken down the big support, created lower low. Obviously, the technical analysis, looking at Hive chart is a waste of time from here.

1., I don't see fundementally any positive sign. Most of DHF money get wasted for nonsense things (not really know ecaxtly for what, how much, as they don't waste time to make financial reports). Also controlled by very few people. THE BIGGEST RED FLAG, WHY MOST OF PEOPLE DON'T BUY HIVE!!! It's simply not decentralized in practice! Took some time to discover it.

2., The adaption, bringing new people onboard is equal with zero.

3., Auto-voting, curation trails.

4., Gaming. They sell things for FIAT, but people can cash out only through HIVE, so, what just happened in Splinterlands, creates a huge sell pressure.

5., Growing Hive amount on exchanges.

6., Downvote insanity, and the method, how people have to beg to stop it. Opinion based downvotes, even from hivewatchers.

7., Zero ads to reach out people, who are familiar with crypto, and still have some money in their pocket, willing to spend. It can be done only online - not with racing car ads -, and if they do not want to spend for that, especially targeting western population, prefer to go towards lower developed countries, where it can be done cheaper, then results should be 100s and 1000s of new users come and stay monthly - even if they won't spend a single cent for Hive, as they are poor, so can't afford. (leofinance could add 200-300 people to their active users, and probably some of those just used different frontend before. all that's done for $250k - JOKE!!!)

8., still no welcome site, where is everything in 1 place, regularly updated. Video tutorials, all front ends and dapps, FAQ, history, main community descriptions, 2nd layer stuff etc.

9., More than half of the founders, devs are powering down since weeks - and probably selling.

10., scams, free to do anything account networks

11., no financial reports what for leofinance, valueplan spending that yearly $500k+ (but they talk about professional project management...🤣)

I think, Hive still has some potential - now see just very small, and not because price, but all the above -, but real changes necessary. However, all should start from DHF and people who control it - either get rid of those people, even with fork, or change method, that they could not control DHF anymore.

obviously, from yearly $500k+ and active user numbers stagnating, more correctly, western users with a little money declining and replaced by poor 3rd world users (and really no offence towards them, it's simply about Hive, price, adaption, dhf, sustainability) who just can't afford to spend for Hive, even much more relied on getting out something is not the way to go. For that amount, you can get major online ads campaigns in west, What would bring 1000s of users, or get same in 3rd world and onboard 10000s of thousands users.

so until it's not changed, for buying Hive, you really need to be a huge fan of Hive, and having that much in your pocket, that you don't bother you more likely will lose all, just matter of time.

Including myself, most people, even in west, knowing it, still bother, even losing just couple of $100s.

Otherwise, it wouldn't matter it's 0.15 or 0.05 or 0.50 people would buy some.

@slobberchops | July 5, 2024, 12:22 p.m. | Votes: 0 | [ VOTE ]

> Also controlled by very few people. THE BIGGEST RED FLAG, WHY MOST OF PEOPLE DON'T BUY HIVE!!! It's simply not decentralized in practice!

It's as decentralised as you want. If you splash out $30,000 today then you will have a larger piece of the pie, just like buying stocks. You have a 2 year old account and an account value of $15.

What do you expect... huge votes and appreciation?

@pokermaria | July 5, 2024, 12:55 p.m. | Votes: 0 | [ VOTE ]

i exactly know, sold what i got, when i understood how it works. I never expected to really earn from blog posting here, didn't even mentioned. (max. from uptrend, i supposed it has real potential.) stupid me, i sold solana to buy in it...

i know, where your stereotype coming from, based on 3rd world guys who come here, and forced to pitty here for the few, if they want to do that so.

and it also wasn't about that, i want to decide anything here. it was about that why people don't buy Hive, nothing else!

no matter how much I or anybody else would buy, it is still decided by the same, very few people. simply because of DHF approval level.

but obviously, you know it, so don't really understand what and why you wrote.

@slobberchops | July 5, 2024, 1:34 p.m. | Votes: 1 | [ VOTE ]

Sounds like your beef is with the DHF, not the rest of it. If so, I do agree with you. However, funding and projects is only part of HIVE, and there's little I can do about that.

3rd world guys have no money, yet they still come in masses.., why is that I wonder?

@pokermaria | July 5, 2024, 1:47 p.m. | Votes: 0 | [ VOTE ]

masses??? where are those masses? i follow numbers, check monthly, regularly at least dalz stat reports. i just don't see. Hard to say exactly how many people left from western world, and was replaced by people from lower developed countries. but in overall, active users number basically standing same since long time.

obviously, i see DHF is no1 reason (for example, a good, regularly updated welcome site with all frontends, dapps, tutorial vids, faq etc should be done from DHF money - instead of financing frontends what anyway, can't even find a unique or doesnt sound like pornsite name, i suppose a very little part of the 100k/q valueplan flyawaymoney also could easily cover that), but with different weights the rest is also part of that, why people who know Hive, and could afford, still don't buy Hive.

@slobberchops | July 5, 2024, 2 p.m. | Votes: 0 | [ VOTE ]

>masses??? where are those masses?

3rd world masses, didn't you read what I wrote?

Westerners just want the money, and yes.. we all want money but HIVE pays out worse than McDonalds. It's always been the case..., me.., I want somewhere to showcase my work and it 'pays' better than Facebook.

@pokermaria | July 5, 2024, 2:34 p.m. | Votes: 0 | [ VOTE ]

yeah, i read. but i dont see 3rd world masses either. that would also reflect in price. hardly can call couple of hundreds or thousands people masses from a 3B+ population.

:) naive to think, anybody else is not coming here or anywhere else in crypto because of only money, very naive to think, people from places, where for example the value of $ worth more, not even more coming here only for money. it still has some value for them, not like for westernians.

that's the no1 for everybody. it's ok. anyway, for most of those 3rd world people, it's also not worthy, otherwise, after lots of years, 100s of thousands would be on Hive.

but active users number don't really grow at all, waving around 10k, and that's it.

can you tell me for example, why don't they do the hivefests in india, indonesia, ghana, nigeria or venezuela, if that's where from they want to get users?

how i see, onboard people from countries where not almost everybody very poor, (so they could afford to spend for Hive) was given up long time ago. but from $100s of thousands they just can't grow it in 3rd world either.

i mean, even the very expensive google ads are way more effective than what for they spend (or don't) the DHF money since years.

when i read "professional project management" in valueplan last prop, i was crying and laughing. it's a tragedy-comedy mixture. they really look this stupid average people who come here. and still wait for, they will spend money here.

@fieryfootprints | July 5, 2024, 12:17 p.m. | Votes: 1 | [ VOTE ]

Buying is tempting. Holding is scary. Selling for me is not an option because I think that I would just use that money for something and later would not have the funds to buy back Stake.

It seems unlikely that I will be able be to gather that 1000 spare euros I would love to have right now but maybe I will still buy at least few hundreds Hive. It will not be enough but at least it would be better than nothing.

@tarazkp | July 5, 2024, 10:04 p.m. | Votes: 1 | [ VOTE ]

I think selling is scary :D

It is never enough, but I don't think most people are willing to buy regardless. I have seen it many times before in the past.

@amigoponc | July 5, 2024, 1:48 p.m. | Votes: 5 | [ VOTE ]

I am certainly not worried about the current value of HIVE, I am more than sure that a substantial increase is coming which will compensate. Worried are those who have made The Hive their space for extra or indispensable fixed income. Since my arrival, I have considered this space as a virtual place, a place to adventure, to meet people, cultures... To spend some time commenting and receiving replies for or against (I haven't minded).

@tarazkp | July 5, 2024, 10:05 p.m. | Votes: 0 | [ VOTE ]

>Worried are those who have made The Hive their space for extra or indispensable fixed income.

Relying on it for income is silly. Many do though.

@theringmaster | July 5, 2024, 1:50 p.m. | Votes: 0 | [ VOTE ]

Crypto's so unpredictable brother. I'm holding onto my HIVE, but it's tough seeing the value drop. Let's hope for a turnaround soon. Funny how you said, market are really marketing as usual

@prohive | July 5, 2024, 1:56 p.m. | Votes: 0 | [ VOTE ]

!PIZZA

@pizzabot | July 5, 2024, 1:56 p.m. | Votes: 0 | [ VOTE ]

PIZZA!

$PIZZA slices delivered:
@prohive(4/5) tipped @tarazkp

@owasco | July 5, 2024, 3:39 p.m. | Votes: 1 | [ VOTE ]

It's a good thing I don't need my crypto now, and I have faith it will all recover and more by the end of this year. Hey, you can probably answer this - what exchange is a good substiture for ionomy? In NYS, I can only use KYC exchanges.

@tarazkp | July 5, 2024, 10:06 p.m. | Votes: 0 | [ VOTE ]

I don't actually know about the exchanges for the US - I think they are all KYC now?

@mnurhiver | July 5, 2024, 5:12 p.m. | Votes: 0 | [ VOTE ]
@rafzat | July 5, 2024, 5:24 p.m. | Votes: 0 | [ VOTE ]

It sucks but there is always hope for crypto
It isn’t dead and this is the best time to stack up more
I’d keep my fingers crossed

@urrirru | July 5, 2024, 6:01 p.m. | Votes: 1 | [ VOTE ]

>What are you willing to risk for what level of reward?

I'm willing to risk all my money. I've done this before. I'm willing to spend $70k and buy ETH at $400 and HIVE at $0.05. It's nice to be a whale in Hive :)

@tarazkp | July 5, 2024, 10:07 p.m. | Votes: 0 | [ VOTE ]

Whale status would be decent - I am still a few hundred K short :)

@urrirru | July 5, 2024, 10:28 p.m. | Votes: 0 | [ VOTE ]

I will try not to overtake you, let you become a whale before me :)

@sarahossai | July 5, 2024, 8:27 p.m. | Votes: 0 | [ VOTE ]

The kinda question I would love to ask probably even if it's a zillion cryto it is still not enough

@fredaig | July 5, 2024, 8:30 p.m. | Votes: 0 | [ VOTE ]

I think we should take it easy with Hive it's not its fault it went down with 0.1$ It happened to all cryptos too soon everything will bounce back

@bisolamih | July 5, 2024, 8:48 p.m. | Votes: 0 | [ VOTE ]

I’m still new in the crypto world and I’m experiencing my first bear market
I don’t have much in my portfolio but I’d keep on holding and stacking up more Hive

@outwars | July 6, 2024, 1:59 a.m. | Votes: 0 | [ VOTE ]

Almost all of crypto is down because BTC is down. People are saying, when BTC goes up Hive/SPS/DEC barely moves, but when BTC goes down they fall as well. Most of my portfolio is on these three, so things haven't been fun lately. But at this point, I'm with you, it's basically moon or zero for me too. I just powered up half of my liquid Hive, and I'll keep on buying Hive with my HBD.

@ducecrypto | July 6, 2024, 10:29 a.m. | Votes: 0 | [ VOTE ]

> I am banking on moon!

Me too buddy, me too! If not, I'm not going anywhere. BTC or bust.

@relf87 | July 6, 2024, 12:57 p.m. | Votes: 0 | [ VOTE ]

Interesting share! It's true that most people think the way you described. I used to think like that, and view price as an indicator of what's doing well or not. But these days, I go back to the fundamentals and look at the utility. Prices are crazy sometimes (I mean look at memecoins haha). Not too concerned about the current volatility, but I do see quite a number of people freaking out.

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