RE: What happened to Hive? Why did the price fall?
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Learning as I go, about what is on the Hive blockchain, I have been debating about whether or not I would ever participate in writing something. With a little time this morning to look at different posts, the thought has come up again, while reading through this post.
I found it informative in providing information which was not previously known to me. So, I have decided to write my first comment, @achim03, to let you know that. The interconnection among asset classes is an important topic. At least for any of us who are making any effort to learn about how best to save our money from the very powerful forces of inflation relentlessly working to reduce its buying power.
From your post, I now have a better idea about the HIVE token. And can now come up with a better informed decision about investing in it. I really liked being introduced to this DeFiLlama correlation tool, so have bookmarked it, for future reference.
What it represents to me is more support for how powerfully all the new institutional money coming into this asset class is affecting it. Some would call it Smart Money. I guess we are all witnessing and / or experiencing what that means.
Now I will post this and experience a little more about the Hive blockchain. By following your account, since I see you write about topics that will be interesting for me. And vote for my first witness.
Following up, I am writing to let you know something did not work with this:
Source: Following the Liotes Hive Witness link, at the bottom of your post
When I went to the Witness page, using PeakD, I still did not have any Witnesses showing up as Approved.
I did figure out how to find the transaction history, which appears to confirm that my vote did get registered as Approved.
Maybe a time lag of some sort on PeakD's Witness page? After this much time has gone by? Well, I do not know, but thought you might want to know.
FWIW, coming back to check, I now see that my Witness vote is showing on PeakD's Witness page. Why it took this much time, on a blockchain that markets how quickly its transactions are executed is unknown to me.
Anyway ... No need to respond, as it did show up eventually.