RE: The DFH Return Proposal - Are you aware of it?
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I agree about your general points. Splinterlands was drawing many users from outside at one stage, I seem to remember it being top of the blockchain gaming ranks and accounting for a large amount of activity on Hive. I don't understand what has happened since - there has been investment in cards and tokens, that seem to have dwindled in value.
I'm wondering if this is a similar scenario to Steemit where there seemed to be a "let the good times roll" to expansion, rather than understanding the four year cycle, keeping a tight organisation and planning for the low value phases of the four year or so cycle.
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When things are going well, a certain "euphoric blindness" seems to set in, and people pile into promising projects like the good times will never end, as you suggest.
A lot of people "went stupid" on Steemit... after all, the token went from less that seven cents to over seven dollars in about six months. I think it's always wise to keep in mind what "fair value" looks like...
I'm just hoping Hive will find its way back to the $0.50-$0.75 range, which is perhaps a fairer valuation, given all the things that have actually been built here. I just wish people would grok that they need to promote those things outside Hive's borders...
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