I do not know if you have ever considered why there are certain altcoins that, despite their useless user-case and their little originality, one day after another surprises us with one pump after another in this crazy universe of the crypto world.
Surely all of you are perplexed by the great benefits that certain altcoins bring even though they are not too popular today.
Yesterday ETC, AKA ETHEREUM CLASSIC, came out of the mold again with a spectacular rise of 360% in just 4 days...
What does ETC bring to this ecosystem?
I have no idea, even though it is Ethereum's sister.
Is it possible that the conversion of ETH from PoW to PoS is benefiting the adoption of Ethereum Classic by pure miners?
It could be... although what I believe after many years of trading is that certain altcoins are only used for trading and that they are used by the trading bots themselves to move the market.
It is true that the price of all crypto is driven by speculation mostly, but some like ETC to a much greater extent. And on the same level I would put others like XRP as well or maybe DASH...
They are purely speculative cryptos whose only reason for being is their own trade.
The HIVE case is different, we have a use-case, a better community, but it has not been chosen to be used for speculative reasons, not even by the Koreans themselves as they have already STEEM to do so. We are simply too good and our product, although still in continuous development, has been working for a long time and we do not offer anything new although we refine more and more the algorithm and its working conditions.
We may get to pump for a moment as well, but clearly not with the intensity of the "chosen altcoins."
On the other hand, to anyone looking for security, speed of transaction, use -case and even passive and relaxed income, we are the best option, or, at least, the least complicated... it hurts that our visibility is still null.
(Source)
We should realize that by not being the ones chosen for pure speculation, we should dedicate all our efforts to IMPROVE OUR VISIBILITY to the world.
I just hope that the next HARDFORK will be the last to be applied in a long time, as long as its implementation works as we expect and that, from which, our number one priority in the near future should be our PROMOTION as a product and project in progress.
