How many of you weren't there when Bitcoin mining first started? And felt like the train had left?
If you were there mining Bitcoin 10 years ago, there is a pretty high chance you won't be reading this lowly post, but enjoying your wealth by the beach!
For the rest of us "latecomers" to Bitcoin, there is still Hive.
According to Coingecko's data above, Hive's trading data started on 23 March 2020. Less than two years, looking back.
If you are able to see the beauty of Hive, in terms of its unique decentralised nature after the forking episode from Steem, its ground-up community support, feeless transactions, 3 seconds transaction time, and it being a working product with more future use cases, you will figure that Hive is here to stay!
Two years is nothing when we consider how endlessly long Hive is going into the future.
Recently, @geekgirl wrote about a $100 Hive scenario, which revealed more reasons to believe that the potential for Hive to grow massively huge is realistic. For example, the case for the scaled-up utility of HBD is especially exciting. Coupled with the destiny blockchain technology is heading towards, i.e., Web 3.0, Hive as an ecosystem might be where those looking for a store-of-value asset would be attracted to.
If you are new in Hive, you might not think that you are an OG in Hive, considering that you weren't here from the Steem fork. But that is irrelevant, the road is still long.
Take the current price of about $1.5 and divide it by $0.17 (the price of Hive in March 2020), it is about an 8 x increase over less than 2 years.
Assuming Hive grows at a similar pace over the next two years, we can multiply $1.5 with 8, which means we might see a $12 Hive in 2024.
Assuming Hive grows again at a similar pace again over the subsequent two years, we can multiply $12 by 8 again. That would be about $96 in 2026. Close to $100 Hive.
$96 Hive apiece in 4 years' time!
Maybe ten years from now, you can be viewed upon as an OG in the Hive community if you seize the opportunity to get involved in Hive today. Step into your own time machine to be an OG of an attractive blockchain ecosystem!
Your very involvement also helps it grow, incidentally.
P/S: This does not constitute financial advice, please do your own due diligence before investing!
Posted Using LeoFinance Beta
