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RE: So we're all rich now. What's the plan?

in #hive26 days ago

A sustained price pump is really what Hive needs to get more attention and I hope it will start feeding on itself bringing more users increasing the demand for Hive Power, pumping the price more bringing more users. That's pretty much the recipe for things to go crazy. Eventually though the sell pressure is bound to catch up so it only really can go to a certain hight.

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It depends if we can break through the sell pressure. There isn't that much hive on the exchanges and with a 13 week powerdown it's hard to catch the pumps.

If outside funds start buying and staking on binance it wouldn't take much money to drive the price up to a few dollars. There is very little market sells on the exchange at the moment at least.

Hoping to see it drop back below 50c to buy more and then wait for the next one. Could break a dollar next.

Superb post 🔥