What Happened to Hive Price? .:. Hive Humpday Hangout Ep.25 (Wednesday, June 19, 4 PM UTC)

It will be hard to compete with the EURO 2024, the European Football Championship which is on TV 3 times per day, and one of the matches will run exactly when we will run the show... But, I suppose that those who follow football (or soccer), know that it is a sport where 11 players are chasing the ball, and Germany wins 😂... So, there is no need to watch the match, but rather spend some time with other Hivians at the #HHHLive show!


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I was lucky that I was busy with some offline stuff in the last 2-3 days, as there was a lot of action on the markets... Or better said, a lot of red candles all around... On the other side, I had some offline issues where I was stressing, but that's a topic for another post... For this one, prepare your best tinfoil hat as we will discuss why the HIVE price went down!


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I saw many comments (and some posts) here on HIVE with different theories about why the HIVE price went down and questions why that happened... You probably know my point of view regarding these speculations... Markets are generally irrational, and crypto markets aren't different... As a matter of fact, the irrationality multiplied by 10 would be crypto... lol...

You don't have to search too deep to realize that... Look at the coinmarketcap and you will see those crazy tickers like, DOGE, SHIB, PEPE, BONK, WIF... For God's sake, it is a dog with a hat! Nothing more, nothing less... But, despite all that, we will have fun in the show and try to resolve the mystery of the HIVE red candle... 😂


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Like Sherlock Holmes and his best friend Dr. Watson, we will search for the final answer... Is it because of the new rules in Splinterlands? Is it because of the movements of HIVE tokens from Upbit to Binance? Is it because the Bitcoin fails to push through 70K? Or is it maybe because of more and more money going out from DHF proposals that finish on exchanges? To figure out all that, you will have to take a magnifying glass be Sherlock in the #HHHLive, and leave your opinion! As nobody knows the reason, there are no wrong answers... 😃

On the other side, what would be Sherlock Holmes, without his rational friend Dr. Watson... At this moment, I would say that we need a doctor even more than a detective... 😃 So, we will discuss that side too... What to do now, at these moments... How it was in the past and what was smart to do...

As you realize, the next show will be more entertaining, but the truth is that being fun doesn't mean that it can't be educational!


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How was it in the last show? We were talking about our expectations from HIVE and crypto, but we also caught some interesting topics along the way! Don't forget to check out the recording of the last one in the Recap of HHHLive post...

For all the participants, there are some LEN tokens for attending the show, and some special rewards (in Ecency POINTS) for those who were the bravest and came on the voice during the show!!! Don't forget that NOBODY is obligated to talk in the show, so you CAN come to listen and engage with others in the text chat... 😉

What steps you should take now:

  1. Join Ecency Discord here
  2. Check out your local time for the event at the top of the Ecency DISCORD side menu
  3. Click on the chat-voice channel on Wednesday, 4:00 PM UTC (check your local time 👆👆)
  4. Follow the event-chat channel during the show and engage with others!
  5. Share the buzz about the show on Ecency Waves and InLeo threads using the tag #HHHLive and be rewarded with upvotes!

Or just click on this link to lead you directly to the Event announcement, where you can see all the info!

If you would like to discuss a certain topic in future shows, please let me know in the comment section... See you soon!!!

Thank you for your time,

~ph~

Inviting people who asked to be tagged in the announcement posts: @chinay04, @dantrin, @duskobgd, @felixxx, @foxkoit, @ganjafarmer, @gwajnberg, @incublus, @kvinna, @manclar, @melinda010100, @mell79, @mengao, @mypathtofire, @nabbas0786, @palomap3, @rafzat, @travoved, @yummycruz1. If you want to be reminded about future shows, please ask to be added (or removed) to this list in the comment section!


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Check out these links to the previous shows:

Episode NumberTitleLink
24What Do We Expect From Hive and Crypto!Link
23Aachen Meetup and WorldMapPin Talk With @detlev!Link
SE05Usernames Origins, Age, Early Retirement, Crypto Portfolio, and more...Link
22Helping Hive to ThriveLink
21Make Yourself Uncomfortable (on Hive!)Link
20First Excursions Out of the Comfort ZoneLink
SE04BuzzParty Impressions, Weekly Recap, BonfireLink
19Ways To Buy/Sell Hive!Link
SE03Foods, Crypto Research, Education, PredictionsLink
18Best Tools For Content CreationLink
17Consistency and Adding ValueLink
SE02After Show ShowLink
16CBRS Philanthropy Chat With @minigunner!Link
15Profit Taking PlanningLink
14Ecency/Hive Chat With @good-karma!Link
SE01Relaxed "Exclusive" SessionLink
13Writer's Block and How To Overcome ItLink
12Hive-Engine TokensLink
11Hive Guidelines for NewbiesLink
10NY Resolutions and Creating Hive GoalsLink
9How Was Your (HIVE) 2023?Link
8Presenta tu comunidad - ES/EN Show! - Part 2Link
7Present Your Community - Part 1Link
6How to Start on Hive?Link
5Do You Upvote Quality Posts?Link
4Genuine? Authentic? To be or not to be?Link
3Hive Power, HP Delegation, HivePUD...Link
2Hive Meetups, HiveFest, HiveBeeConLink
1Pilot Episode (Aired 2023-10-18) - The VisionLink


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Don't forget to follow, reblog, and browse my Hivepage to stay connected with all the great stuff!

You can also find me on Ecency .:. Twitter .:. LBRY

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18 comments

it is a sport where 11 players are chasing the ball, and Germany wins

HAHA LOL! Is it so?

See you later, I hope I manage to stay awake because it has been a tiring day today.

!LUV

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Thanks for joining the show! Appreciate it!
I hope it was fun to you as it was for me :)

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Hehe always a pleasure!

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I’m not too worried about the price of it right now, if it goes below 10¢ I think I would start to get a little bit right now it’s okay. I took out all of my HBad savings in preparation for when it gets to my account, buying up a few hundred delicious hive! Long haul baby, and a great opportunity to make a healthy stake investment!

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You are right about that... I know I got some when we were at 12c... There's no doubt that I will do the same again... hehehehe

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Awesome buying opportunity! Prices this low only come around occasionally, those who take advantage will be happy they did. No easier time to increase that HP.

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Exactly! There is no easier job to accumulate HP than when the HIVE price is low... Not just by buying, but also by being active when others are "stunned"!

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I didn't even realize there would be a sports game going on. Then again, I don't really follow european sports much at all.

As for price, it's hard to really know the reason why. I do think there are things that could be blamed more but the market will do what it wants to do.

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Hehehehe... you are right about the price... So, today's show will be more of an entertainment type, but who knows, maybe some educational stuff come up!

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New South Korean law requires exchanges to regularly review token listings.
The new law imposes significant criminal punishments and fines for violations. Under the new law, all 29 registered crypto exchanges must review the more than 600 crypto tokens listed on them.

This is the reason for the strong fall in altcoins

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There you go... One "reason" was added to the list to discuss in the HHHLive show... :)
Thanks for sharing!

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Wow been too busy to realize the Hive drop. Got me thinking of moving my HBD saving and getting it low, jaja. I'm off work tomorrow there might be a chance I might drop by, no promises though 😊. All dependent on things I can get done after work today.

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Hehehe... I was also busy the last 3-4 days and not sad that I wasn't online during the dump... It looks like BTC wants to go down a bit more, which could mean a bit more pain for HIVE... we will see... I'm not in a hurry to go up... :)

I'm off work tomorrow there might be a chance I might drop by, no promises though 😊.

That would be great to see! Bring on your tinfoil hat and a few theories... 😃

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I personally took out all my HBD and immediately buying hive when it finishes! This is an amazing opportunity to stack up some sweet hive bags!

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I did shortly after writing this post, haha. Just have to wait three days. Hopefully it will wait on me 😊

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I'm very curious what people think about it. I'll be there tomorrow because it's a holiday!

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Wooohooo! Free day!!! Is that your first holiday at work?
See you tomorrow!

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Yeah it's my first holiday at Wednesday 😂

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Is it because of the new rules in Splinterlands? Is it because of the movements of HIVE tokens from Upbit to Binance? Is it because the Bitcoin fails to push through 70K? Or is it maybe because of more and more money going out from DHF proposals that finish on exchanges?

Simple answer... It's because everyone is red too and people join the FUD 😂!LOL

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Why did the rooster cross the road?
To prove he wasn’t a chicken.

Credit: marshmellowman
@ph1102, I sent you an $LOLZ on behalf of cursephantom

(1/10)
NEW: Join LOLZ's Daily Earn and Burn Contest and win $LOLZ

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Heheeheh... Explain that to people who know about HIVE only! 🙂

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it is a sport where 11 players are chasing the ball, and Germany wins 😂

I guess I can turn the TV off now and put the charts back on to watch the red... so much red 😂

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Yay! Portugal won! That goal in extra time was precious! 😃

Good luck in Euro 2024! And in HIVE! 😀

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Yay!
Though I dont exactly follow football events, so I will take the luck for Hive :p

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That goal was not cool at all! :D :(

Just kidding, the Portuguese definitely deserved to win that match and we can be glad that it was only by one goal ;)

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I love especially this kind of stuff because I don’t have enough knowledge about markets. In my case, football can wait until Thursday. 😂

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TO be honest, nobody can know the exact reasons behind the drop... So, you know exactly the same as me, or anyone else... Don't worry about that... 🙂

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Some people are dumping and selling a lot. This is a perfect topic for the discussion. I'll definitely want to make it ❤️❤️💯💯

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It's always a good time to talk about doubts and fears... some people have them, others not at all... Combining these two groups can be beneficial :)

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Absolutely right on that brother

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After all my busy schedule starts to disappear, I will attend this big event🥳🥳🥳🥳🥳

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Wooohooo!
See you soon!!!

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How lot did we fall ? 🧇🥚🍳☕🍰👍🖖

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I don't know! We will see in tomorrow's show! :)

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Honestly, the price isn’t smiling but I’m not seeing it as a big deal
I’ve been here for sometime now and I know now a bit of how crypto works so we go harder
I gotta keep on stacking!!!

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Crypro goes up and down all the time... Winners are not those who chase the price, but those who accumulate the right assets... ;)

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Sounds like it will be an interesting show!

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Can't wait to hear all the theories about the dump... :)

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Maybe a big one like Binance decided to sell all the fees it earned at once...

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There you go... Another theory that we could mention in the show tomorrow! :)

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I hope I can join to listen! Interesting topic.. 😅

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Wooohoooo! I hope you will make it!!!
See you in less than 18 hours! 🙂

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