11/20/24 📉 Mid-Week Wednesday Morning Market Vlog 🎙️
(Edited)
📉Wednesday Morning Market Talk 🎙️
- Stocks
- Silver & Gold
- Dollar & Bonds
- Hive
- Bitcoin
- Alt Season 2025 VS 2017 & 2021
Edit After Posting ⬇️
Bitcoin breaks 94K at 8:30AM
0
0
0.000
!pimp !duo !hiqvote
You just got DUO from @trumpman.
They have 1/1 DUO calls left.
Learn all about DUO here.
!PIMP
You received an upvote of 44% from Precious the Silver Mermaid!
Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem!
Hive should get to $0.3 in the next few days
Bitcoin is making daily all-time highs so this is good news for wallet coin holders as well, there is still some time left for prices to start going up.
@trumpman, the HiQ Smart Bot has recognized your request (1/3) and will start the voting trail.
In addition, @geneeverett gets !WEED from @hiq.redaktion.
For further questions, check out https://hiq-hive.com or join our Discord. And don't forget to vote HiQs fucking Witness! 😻
After listening to you talk about Hive and the DHF, I looked up the Steem price to compare, as Steem doesn't have a Fund that it doles out, and they haven't done any development since they reduced the power-down period to 4 weeks, four years ago. Steem just runs on autopilot (like Doge).
Anyway, Steem is at 21 cents, up 14.3% over a month, and up 8% over the week.
So, very similar performance to Hive.
It indicates that power-down periods and development funds arn't having much effect. Neither is interest on savings (Hive pays 15%, Steem doesn't pay anything). Neither is the value of the Hive/Steem dollar (HBD is pegged at $1, SDB price is set by the market and is currently $3).
I think maybe the key thing affecting them both is that both have the bulk of their coins on the South Korean exchanges, which are undergoing regulatory changes. I think someone (dalz?) said 70% of Hive coins are on South Korean exchanges - a legacy from before the Hive fork.
It's not ideal as there are not many Koreans on Hive, and non-Koreans have no access to the Korean exchanges. Am not sure how you'd get those coins to shift to Binance.
You have a heart for Hive. I appreciate your honest and frank thoughts @geneeverett it makes me wonder why I put so much time into Hive and will it be here over the long term. I hope more individuals can rationally scrutinize all these DHF projects in honest discussions and propose clearer governance that put the interests of Hive as a community as a whole than over personal benefit.
BTC is most likely going to hit 100k this week. It has finished the first and second bullish waves and is poised for the third. We should see 100k before week out. Hive >$0.35 also. Thanks for the update.
I know that you care about Hive, and I agree that the DHF funds a lot of things and I don't know if they are doing the best job. Most of them aren't as transparent with what they accomplished or whether or not it's worth how much it is paying. I am skeptical about a new ATH for Hive, but anything is possible in a altseason so I wouldn't put it off the table.