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RE: 50K Bitcoin! .:. WorkerBee PH-Pool Week 157

in LeoFinance9 months ago

Exciting to see Grandpa Bitcoin attacking the 50k range again, not so far from its ATH, but at the same time, quite frustrating for us to see Hive still crouch at not even 10% of its ATH :/ I know the alt season usually kicks in with some delay but still... The current difference is way too large for my liking.

@tipu curate

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I'm not sure that we will see HIVE's ATH ever again as so many things have changed here... Some are good, some not that good, but the reality is that we don't have as many active users as we had back in our "golden days"...

Also, HIVE has many competitors in the social-media sphere (which we didn't have before) that are new, shiny, maybe not better than us, but still, they are taking attention and audience...

On the other side, some projects should be launched this year on HIVE, so who knows what can happen... People are strange... 😃

Yeah, I´m also slowly and unwillingly starting to accept that we might never hit a new ATH again... Looks just too unreal right now. Hopefully, at the least the 1-2 bucks range will be doable for Hive at some point. Btw are you sure Hive had more users back then in late 2021 than it has now? I have no data to prove it but it doesn´t feel like that to me...

I was wrong about the number of active users, but it depends on what kind of "engagement" you count... I went back to history and compared two stats...

Feb 2020, we were on STEEM
https://peakd.com/statistics/@arcange/steem-statistics-20200214-en

  1. January 2924...
    https://peakd.com/hive-133987/@arcange/hive-statistics-20240131-en

Yes, we have more active users in total, but we have very similar engagement on the blogging side... The rest is probably SL and very possible, tons of bots there...