
Bitcoin dropped to eighty five thousand before going slightly higher to eighty six and Etherium is around twenty eight hundred. Hive seems to be trading around the same price and largely ignoring the general crypto market dump.
I wonder if that is because Hive is so insulated from the mainstream crypto market or perhaps lowering inflation after hard fork twenty eight is having some positive effect?

If you are not aware among other changes curation and witness rewards were reduced by approximately twenty six percent. So far doesn't look like it is having any other side effects.
Long term it should help Hive price, but it does make it a bit harder to build up your Hive Power. Another thing that I noticed is that some Hive Witnesses, even those in top fifty are still either upgrading their nodes or sitting with old hard fork 27 and just missing all the blocks.

Some of these have not posted anything in about four years and all they do is just power down and sell Hive. That is basically extra sell pressure and why many of these witnesses have almost no power staked after all the years as witness node operators.
Below is the image showing some random witness nodes that are powering down right now. It is those that have a black piggy next to them. And I am not suggesting that these ones are doing anything wrong. In fact there are many valid reasons for powering down.

But go visit this URL and take a look at how much powering down is going on even when Hive is at ten cents: https://hive.arcange.eu/witnesses/
I am accumulating every Hive I get at these prices. Would you be selling Hive at ten cents if you believe in long term Hive potential?

I think right now is a great time to start accumulating crypto including Bitcoin, Etherium and even Hive. It just became 26% harder to earn Hive and it will keep getting harder to accumulate Hive.
Best time to start accumulating Hive was years ago, but now is better than it will be in a year!
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