11/10/24 📉 Sunday Morning Hive & Bitcoin & Gold Mini Vlog 🎙️

in LeoFinance11 days ago (edited)

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1PM Edit ⬆️
Price easily breaks 80K

Original Post ⬇️

📉 Sunday AM Bitcoin Talk 🎙️

  • Bitcoin
  • Gold & Silver
  • Hive

Gold YTD Chart ⬇️

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Hive VS Bitcoin (12 Month Charts) ⬇️

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Side Note, these are my 4 NFL Bets for the weekend! Let’s Go!

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So you're saying that BTC I sold last year to buy HIVE with was a bad investment.. typical

Looking like it’s gonna be a push. If Lions cover that is..

1-2 so far. I’ll owe ya 100 HSBI or we push. See ya after game brother!

The Story So Far ⬇️

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Not a !PIMP move timing wise but hey what can ya do.

I did the reverse and sold half my hive at .25 and .21 to buy bitcoin around 40L-50K got lucky. Just seeing the DHF print so much I think Hive gonna be underperforming for a bit. Guess. I was right but we’ll see.

Awesome this Sunday! BTC 80k! 🎉

So nice to see HIVE on the move too:)

Is definitely lagging but still good to see it up at least! Agreed.

Too much infighting, I think, and not enough curation.

Agreed 💯

I also think to much printing via DHF.

I know less about that but yes, Hive continues to depreciate in value.

Ouchhhh...that aint sweet when we look at hive like that. I havent paid any attention to gold lately, but wow!

Bring in the altseason

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BTC moving up is good, but I agree that Hive is lagging. I wonder when alt season will start, but the conditions are looking better for Hive. More people powering up than down and more people buying Hive on the internal market than those selling.

I don’t see that at all. The DHF is minting far too much and the stability fund to prop up HBD is putting pressure on Hive. There is no everything go up Alt Season coming. 2021 ain’t coming back. Many alts have been exposed as scams or just not viable projects. They’ll certainly be winners that go up but the everything go up we saw last two cycles isn’t coming back. Bitcoin is king and the only for sure winner. I don’t expect Hive to pump anytime the next 12 months. Bitcoin already at new ATH and hive down 40% since bitcoin bottomed at 15K for the cycle low in November 2022. Same period multiple crypto’s went up with it but many are down or even at same period. 2025 will be a much more picky market. I love Hive! But I don’t see anything positive on price action in the distance… the chart above comparing hive & bitcoin over 12 months says it all.

Here are the 2 posts that I saw regarding that info. It could be temporary but who knows.

https://peakd.com/bitcoin/@toofasteddie/buying-pressure-increasing-9ae
https://peakd.com/hive/@toofasteddie/another-good-sign-47q

BTC still remains the best crypto investment for now
I can’t wait for Hive to go up because it has a nice potential

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Hi @geneeverett!

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