BLURT are now trading for 0.016 HIVE, a new record high.
In your opinion, is this very clear trend a result of...
a) increased demand for BLURT
b) decreased demand for HIVE
c) increased supply of HIVE
d) decreased supply of BLURT
e) some combination of the above
f) other factor(s)
A look at the HIVE chart is painful:
New all-time low. MarkyMark's HIVE stack is now worth a grand total of 144k, down from about $5 million back in 2021 when Hive was popular. But he can never sell, or he'll be overwhelmed by the hundreds of people he has been abusing with his massive downvotes. So he'll just have to keep holding all the way down, as this thing continues to sell off as quickly as users can power down (which on Hive is a whopping quarter of a year). Marky is stuck with his failed investment of money and time.
But that doesn't explain some other Hive users, like say my fellow traveler @Edicted. He's good at spotting trends, and he's got his finger on the pulse, and he's not in the downvote cabal... but he's still invested in that mess. Not just trying to prop up the collapsing price, but legitimizing that blockchain with his presence. I say we try to get him to fire back up his Blurt blog, see what we've been doing with the place, and realize that this is the future of these chains. Hive can't be redeemed. The 20-month trend of HIVE crashing and BLURT gaining will continue.
Hopefully the good (non-downvote-scumbags for example) Hive members, who aren't forced to hang on to their dwindling stake so they don't get beaten up by their former victims, will continue their blogs and development here on Blurt. It has already started, and the pace keeps picking up. Our blockchain, community, and token are going somewhere and people see that.
Many cryptos are down 75% or more already this bear market. HIVE is down about 60%.
BLURT was 0.20 cents when this began, and is now 0.014 cents, which is more like a 30% loss, even less than Bitcoin. BLURT is one of the strongest-performing tokens right now.
DRutter
