ICPs tech is pretty solid. Lots of innovations. The price action is going to send people to a mental hospital.
https://www.coingecko.com/en/coins/internet-computer
This is why I say never go all in or be a Maxi on any one project. If someone even spread out to 5 or 10 projects you will at least have some days in the sun.
I'm not saying all this to make fun of people. I just know the mental anguish because I felt like I went through it with EOS partially. I went a little too heavy on EOS because I kept buying more when we had hard price dips. Ultimately my cost basis was around $1 and I got most of it out at $11 last cycle. So I made more than a 10X and I felt like I endured a lot of pain. We just expected 100X with that one.
What Is The Common Theme With These?
- High Percentage Of Investors Upside Down
- Usually Started As A VC (Venture Capital) Chain So Early Investors Seem To Have Upside At Everyone's Expense
- Lack Of Dev and Project Funding
- Crypto Makes Almost No Sense Half The Time
- Extended Lockups So People Feel Trapped
- Oftentimes Reverse Gas Fee or Zero Gas Fee Models
The market can be very irrational and your own assessment may make perfect sense and play out or it can blow up in your face even when there are positive things going on.
Dogecoin made perfect sense to me way back in 2013 and also made perfect sense to me in 2019 and still makes perfect sense to me now.
Cardano and XRP really never made sense to me but I hedged my bets with those and I'm glad I did that because even just a little into them I didn't feel as mentally invested and wasn't blowing steam out my ears when they were going parabolic.
What Can We Learn? What Are The Facts?
$HIVE is the most fully formed Web3 Ecosystem out there. $ICP is probably the most technologically advanced Web3 Ecosystem.
In the end the price action on both of these isn't doing good right in the middle of Alt Season. Some may try to dispute that but BNB hit new highs, TRON has performed well, SOL hit $250 again. HYPER has gotten a lot of attention. The list goes on. It is very competitive out there.
There isn't enough development and advertising...... Period
Even when the chains have the money those in control don't want to spend it. We saw this with EOS. Block One had the money to ramp up development on an insane scale and take over but instead they just stacked Bitcoins for themselves. That really pissed everyone off.
ICP has access to Billions but a lot of projects didn't get funding and left the ecosystem.
HIVE has money in the DAO but everyone laughs at someone who isn't inside a core group who even dares submit a proposal.
Where are all the proposals???
People know it isn't even worth submitting them and you have to pay three times to MAYBE get approved.
- Pay with your time
- Pay to have a ton of HIVE Power
- Pay to create a very complex project for free to MAYBE get the proposal approved.
HIVE Acts Like Women Over 30 Who Are Ready To Settle Down
I don't say this to complain I'm just telling you what is going on. Women will actually create more hurdles and their expectations go up as they are losing value. You have to suddenly meet all these other arbitrary requirements at 30 when in reality they don't have the same leverage or pull as they did when they were 20.
Blockchains do this same thing by tightening up funding, trying to "burn" a bunch of the funds, acting more exclusive. Acting like devs should pick them even though there are newer blockchains bidding for attention in the top 30 on CoinGecko. If you aren't going to have funding or control then it would make sense to build where the attention is.
By 35 to 40 the women lose their minds. They waited too long and they have to settle for guys who aren't even close to the guys they could have been with when they were 25. They played it into unnecessary overtime. I have had multiple women recently boomerang back around in this situation recently and they way they are communicating with me is as if they are trying to negotiate with me like they would let me be with them. One of them I was talking to in 2018 initially. It's like WHAT???
HIVE is in Unnecessary overtime. There shouldn't be a question about HIVE being in the Top 10. Instead it is clinching up and trying to be more exclusive which is causing it to swirl the drain. EOS and ICP are doing the same thing with bigger market caps.
It's a very neutered self censored environment with a scarcity mindset....but it's pretty cool too.
You have to have a mindset of abundance especially in a BULL MARKET. This isn't the time to clinch up.
ICP investors are getting the picture that their project might not move. As I type this the price might dip under $4 which are prices it hasn't seen in 2 years..... All during a Bull Market 🤢
Solana is the opposite environment right now with launch pads like Pump Fun and Let's BONK. They are wild and working fast and money is flying around.
What Should HIVE Do?
Wouldn't you guys love to hear my ideas after rejecting my 3 proposals????
Ok I can't keep my mouth shut because I think I'm smarter than I probably am.
We should systematically take over the Pump.Fun Ecosystem like a swarm of bees.
https://pump.fun/coin/2GbRxw8jYhSgM6zLwc7S5Cc8y99snzkKzGg8Ajtypump
Essentially all the trading generates fees and part of that is paid back to the creator of tokens on there.
We could deploy 100 LIVESTREAMS, People playing SplinterLands, People showing their LIVES, People exploring nature and showing their travels.
There is $235,256 HBD Daily that can be deployed to get all HIVEIAN Streamers past the bonding curve which is about $90,000 essentially. Those Steamers can be systematically taken past the bonding curve and taken to high market caps.
Regular Pump Fun Investors / Degenerate Tweakers would ride these rockets and once they saw users dawning the HIVE logo in their streams they would get the point that those were being systematically cranked up with buy orders so they jump in and stay in.
All the fees generated from the trading can go back into buying HIVE. The beauty of the fees is that they come back in SOL and allow a creator to not rug pull their project.
How Much Of The Remaining $235,256 Daily Should Be Deployed?
ALL OF IT......What is being done currently isn't working and isn't going to play this cycle. Deep down you know I'm right. It isn't going to work.
Over a year ago I felt that deploying memes for characters we created to harvest funds from the meme storm I saw coming. That would have worked great. Most of you know that I was right. This will actually work even better because of this fee structure.
Pump Fun usernames / new streaming tokens become an extension of a HIVE user's account and harvests fees from cryptos newest attention platform. Those fees even being primarily used to buy HIVE and powering it up in their accounts will pull the price up and cause way more engagement in HIVE and have a ton of new users show up.
200 Steamers is enough to be impossible to miss on that platform and enough to take over.
Damn I'm fucking smart.
Some of you will do some calculations and claim it won't work and it's fine. I don't expect it to happen here. Most people have already clinched up in an era where companies are taking out endless debt to do a bunch of stuff that will probably never be profitable. This will actually be profitable and can pull HIVE clear up to the first page of CoinGecko.
With 200 Streamers you don't think and handful of those projects won't end up with a huge marketcap and generate millions in fees each month soaking up HIVE.
I already know all your rebuttals and they are easily defeated and BETA. Yes it would work because if no one wants to follow some of us geeks we could deploy 20 Streamers who are these legitimately hot college chicks who go to places like Arizona State. They would stream about their classes and workouts and whatever if they are getting $300 / day. All the streamers can get paid that easily and the fees generated are going to far outstrip what it would cost to deploy our swarm of streamers.
There are all kinds of strategies that could be deployed with this to harvest even more money for HIVE and for the DHF.
The Attention Economy Keeps Growing
There has to be additional revenue sourced for HIVE. Right now we have lost too much traffic to make ad revenue a viable revenue source at the moment. We have to source revenue from other crypto social media platforms and keep developing games and everything else.
We have the numbers still.
I probably should have been working on the projects I'm working on. I just got over caffeinated and excited.
All I ask for you guys is to not get even more betatized and depressed by these price collapses. If we lose everything and have to pull the plug on the United States and Canada we can survive over in South East Asia. Eating fruit off the trees and fishing. Honestly it would likely be a better life than what we are doing right now.
