I guess these fiat operators know something most of us are ignorant of; 'as long as there is transaction, there is profit'. I keep on saying it, the green light we need in the Hiveecosystem goes beyond market prices but rather market place(s). I am trying to put ALL the current front ends into this suggestion. I have heard many say they'll hold on to hive until it hits maybe $5 to $10 bucks and sell some out. I guess that's what we assume a 'take profit' from a good investment.
To be very frank, we are here for some sort of financing freedom so I wouldn't say the above is a bad idea. Nevertheless, we always have to think broader, how can we see the needed profit or benefit as the case may be should the other end not go through? What am I saying here? Ok, let me start with a question I once asked a friend; 'how can you enter two roads at once?'. To many these may seem as a crazy and impossible question.
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Before any further ado, what prompted this article is a threadcast I saw on 'inleo threads'. It was very inspiring I must say and I feel if much attention is given to the project we may be able to onboard not just people but the right people. It was done by the Hivelist community, you can check out from @hivelist. We will get back here but first let's answer the first above question as it will be important to where we are heading.
We as Hivians can be heading both directions if we understand the concept of both marketplace and market prices. To be more frank, the first is of utmost importance than the latter. Let's take for instance, how fast do the fiat currency prices swing? Very slow indeed, at least we have such replicas in the hive chain as Hive Backed Dollars (HBD). It is always at $0.9, $1 or $1.09 or so. What am I saying here, the price swing is little but it serves a lot in this blockchain.
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This is the advantage of Fiat, they are not after the buy n hold till it hits so and so, bankers know daily transactions yield much interest when looking out for some fractional fees. So we can enter two ways, while waiting for prices to skyrocket (nothing bad about that), we can also make this place a marketplace where transactions become voluminous.
I am seeing that hivelist project as one of those things that can promote this. If we can turn the hive ecosystem into a hub for entrepreneurs, we can be many steps ahead of an awaited price zoom. Did you observe those vital hashtags? Let me talked about #forsale. This alone is able to connect buyers to sellers. This means someone may come over to the hive platform for the purpose of buying and selling. The world is full of needs and wants as the case may be. TOP online selling platforms are really scaling and I feel this will boom the hive, InLeo and any other frontend related to this chain.
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Think of how the Bitcoin chain operates, every block operation presents rewards for anyone able to solve that puzzle. A bitcoin miner doesn't need to wait for prices to go up before he sees rewards, as long as there is a transaction to solve, the door is very open. It means someone can get its eyes off big votes to scale and focus on how he can sell one product or render one service or the other to get profit from the hive ecosystem.
There is much here to look at, all these side chains will see those small 0.75% charges coming in much faster. The fact remains, money will be pulled in from fiat to convert and pay for services more than it is taken out from our ecosystem. It continues to push the prices of token here higher as the demand for it 'to do transaction' becomes very demanding.
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Adding to that, it is from here that many will start exploring this chain, entrepreneurs will turn to investors. When they come to understand the added value of stakes they will be buying more and more of hive and LEO tokens for future reserves. Personally, I would love to have a place for my business on this chain and always reinvesting some percentage for every deal that goes through, it is something, I literally have nothing to lose.
To conclude, let me add, I feel a need to make the hive ecosystem a place for entrepreneurs. Maybe I will continue this article by tomorrow on many other benefits as related to finding a need to support what is going on in the @hivelist threadcast. My idea here is growth and it goes beyond waiting for high market prices to a high market place.