What the heck is going on here, hivizens?
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@arcange's monthly statistic report is reporting that many of 'us' are powering down, the majority, in fact.
https://peakd.com/hive-133987/@arcange/hive-finance-202412-en
Look for yourself.
That is a nasty looking chart, iyam.
Has the dream died in the eyes of the many?
Are they just looking crapitalize on the run-up in price?
How many will sell and never buy back in?
Maybe the ninjamine is finally selling out?
They can only sell it once, and the lower the price they sell at the easier the transition of power from the fortunate few to the restofus.
As anybody that has been here long enough to get a grip on the math knows, until the largest holders sell there is no hope of loosening their grip on the pool.
Many of them think that just because they can, they should, and we can see how that has affected retention.
Nobody wants to buy into a game at a price that doesn't make sense.
With the current concentration of power, that price is somewhere south of a dime.
Few people that can math will buy at a higher price, it's just not worth it, at this point.
The power to price ratio has been jacked by the ninjamine.
No disrespect to the fortunate few, they were in the right place, at the right time, with the right skills, they deserve to be paid for making hive a thing at all.
I just see the ninjamine as a hill to climb, the inflation will eventually lower the peaks, but not fast enough for me.
I'd rather see some voluntary abdication.
A few have done so, and some all along, if those 'that could' did take 'all they can' this game would have broken a long time ago.
It would have been like Satoshi kept all the coins for himself.
No one would value btc without the distribution.
Well, back to herding the cats,...
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