Hive - The Perfect Storm?

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Something magical is taking place on Hive right now and the timing is looking more and more perfect.

Lately I have been following @penguinpablo's posts a little bit more closely as what is being played out currently is of huge importance to all of us. The effect that Splinterlands is having on Hive right now is not something we are used to. Every single account that is created needs Hive as without Hive you have no Resource Credits meaning you cannot function.

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The market is currently in a bull cycle as we all know and as long as the Hive is going off the exchanges at this rate this could create the perfect storm for everyone here. 25 million this month and possibly 25 million next month would basically half the liquidity available for everyone to trade with. 135 million Hive down to the regions of 75-80 million Hive would make a huge difference come a month from now. Who knows as we could see much more leave the exchanges this month and this is just the start. If Slinterlands (SPS) gets a listing on an exchange and rockets in value every man and his dog will be signing up.

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The 25 million Hive used to create those accounts is tied up and the next batches of Hive will as well as long as this growth continues at the rate it has been. I see no reason why it wont as the last month was just the early birds hopping in and now the rest will have FOMO and another wave that is bigger hopefully will come down asking for an account so they can play.

This is good all round as not only is it using up the supply on the exchanges but it is also giving Hive a head start once we have our chance on the bull cycle. lately it seems to be happening in batches and not all the coins being favored all at once. Having a starting point 50% higher than what could have been could be exactly what this blockchain needed.

I have always seen Hive as undervalued compared to what other projects have been doing. Hive has been shunned and kept under the radar by many influential people as they know what we have here and it is a threat to many other block chains. Hive at $5 is no longer keeping quiet and where we need to be whether it is now this year or some time next year and I do believe it will happen.

The difference this time is this is no pump as this is the use case coming to the fore as Hive is required to open accounts and for them to function with Resource Credits. Many have said in the past this is how things would play out as it takes one Dapp to take off to show what we have here.

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