Dear top stake holders @arcange, @ausbitbank, @blocktrades, @darthknight, @deathwing, @emrebeyler, @good-karma, @gtg, @guiltyparties, @howo, @khaleelkazi, @mika, @neoxian, @ocd-witness, @pharesim, @quochuy, @ranchorelaxo, @roadscape, @roelandp, @smooth, @steampeak, @stoodkev, @themarkymark, @therealwolf, @theycallmedan, @threespeak, @trafalgar, @twinner, @xeldal, @yabapmatt and all others interested in the Hive price!
I am sorry for the mass tagging. As you know, I never do this (only to remind the chess players about upcoming Hivechess tournaments) but I saw no other way to create the visibility for this experiment that is needed to have an impact.
The concept is very simple: I would like to know what the effect on the Hive price would be if for one week no Hive user would sell a single Hive on exchanges. That´s it.
If as many Hive users as possible participate - only for this week - would it have a noticeble effect on the price?
Or is the selling pressure coming from many other, bigger factors, or will major Bitcoin movements overlay any such effect? If we have luck, BTC goes sideways this week, so one confounding factor less.
Will you get hurt by not selling Hive this week (until this Sunday)? I hope not!
In order to find out, why not start right now, in this week of the @hivefest?
Now that many people are gathering at the main event of Hive in 2024 (and hopefully have done their travel expense spendings already), wouldn´t that experiment not only be possible but also cool? As it is completely community driven, every single Hivian can decide to participate or not. The more join, the better the likelihood of success.
If you like the idea, reblog so that others get aware about it, too.
LET´S MAKE HIVE GREAT AGAIN!
EDIT:
After one week Hive is up 2.5%
In the same time Bitcoin went up 6.4! That means there was no noticeable effect and the experiment failed.
Anyway, many thanks for participating to those who didn´t sell!