The DHF seems to be a bit controversial lately as many people think the money spent is not really helping Hive. Coffee seems to be a common theme as some shops have been persuaded to take crypto via various schemes. The whole marketing thing needs to be re-thought if we want to grow.
Good luck with your business ideas though. It is tough to start out in anything. One of my kids just started a business and is working hard to promote it.
Yeah, I get where the controversy is coming from as it is extracting a lot and creating a lot of sell pressure, which seems to be lowering the price. We obviously need these projects to get funded, but also need these projects to bring in money and hopefully become self sustaining.
I think funding things like businesses, would be a way to actually bring money into Hive.
At this point, I think marketing Hive isn't a good idea, because if more people come here, there will be more extracting happening, which will lower the price of Hive further.
What we need is a way to monotize what we build, and if we can't we need to fund stuff that can be monotized that can offset the sell pressure and help afford the projects that require funding.
So when is a good time to bring people in? There will always be some who just want the money or can't afford to invest.
People have plenty of ideas, but sustaining them is not easy.
Crypto sentiment is so low now in general, so I don't think any chain is doing particularly well. But, look at the charts, Hive follows every btc dip, but never recovers from it because there is too much selling pressure. Mainly from the DHF, but also from some of our users. If we have 100x the users, there is a larger percentage of people selling their earnings and that just isn't going to help us or the price right now, when we currently have way more sellers than buyers.
With this particular idea, I'm brainstorming ideas to bring money into Hive in the long run. If the frontends and projects being funded could be self suffient and earn money from outside of Hive, it would be great, but since they aren't/ can't we need to think of other ways to bring money in, to offset the cost of projects that cannot be monetized.