The best part of hive pumping is that it makes the POSH tweets more interesting to people lol. But, I really want to figure out why the price is going again right now.
It was explained to me that the last pump to almost $1 was a result of being listed on new exchanges and a big airdrop. That's all fine and good but if that were the case it would just be a gimmick.
Gimmicks aren't sustainable and don't signal confidence to investors. If that was the reason for the pump, and that is fine if it was, then it was just "dumb" money moving around.
But currently this little pump must be different unless I have missed some new exchange announcement somewhere.
So I am here to ask the hive community, "What is Going On With The Price of Hive?"
Give me a reason to believe that we are going from Launch to Orbit. Launching, although technically difficult because of how Hive came into being , but getting into an orbit is what will make the platform real.
If we are not yet heading into "orbit" what is behind this positive price movement. I don't believe that it is just a simple case of chasing the bitcoin halving because it the percentages are too high. What I mean to say is that we shouldn't pump nearly 20% if this is solely due to chasing btc.
So learn me something folks.