2020 was a good year for Hive, not as far as price goes but as far as diversifying and growing communities and getting rid of a lot of the garbage, I mean we went independent of steemit inc this year which was huge. The price will follow because the fundamentals and community are there.
I keep buying Hive whenever it’s low on the bitcoin comparative 😀
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Yes, even though we have not seen the bull run of HIVE that we have seen on a lot of other crypto, there are strides that have been made. Besides, since I am in accumulation mode right now, the longer the price stays low, the more I can buy. From that standpoint, it wouldn't bother me if it stayed low for a while.
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I would like the price to rise soon cause it helps attract new users. That’s all!
That could be a blessing or a curse. If the new users start creating content and commenting on posts in order to earn tokens at the higher price, it is a blessing. If they just buy tokens in hopes of making a quick buck, it just causes price fluctuations and eventually goes down due to people dumping their holding due to dissatisfaction. I would hope we would see more of the former.
I think the core community is strong and decent enough to reward the users who actually add something so I’m not too worried about it unless we get a few new scummy whales which could happen, but that’s actually less and less dangerous as the coin raises in value and distribution