How much is 1000 HIVE worth?

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Today we see the price of Hive is $0.838 USD

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So 1000 HIVE is $838.43 USD or $1050 Canadian which is great news for me!

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224 LEO is about $100 CAD today and that gives you some perspective.

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Do you remember when Hive was only $0.10 ?

It's up +750.8% since the all time low on April 6 2020 of $0.123 CAD

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On February 10th 2021 Hive rose above a Quarter
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And when it dipped in late June it only fell to a Quarter

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The Oct 6th 2021 ATH was $1.25 CAD

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This is just pocket change. The price of a coffee.

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I make these graphics because it helps to visualize the relative value of these tokens.

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We also have to remember that while the value of BTC is going up, the value of our currencies are also going down. The decline of our purchasing power is obvious when we look at this chart.

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Can we see $2 Hive in 2022? I think it is a certainty.
(Supply 365722979 ÷ 683418 = 535.138 HIVE per active user)
If you have more than 500 HP you are already a big fish.


(Hive supply chart from @arcange)

Can we see $10 CAD? Sure, this is just a 10x of the market cap. If 1.3m users try to buy $2105 worth of Hive and stake it, the market cap should hit about 3.2b and Hive should be $10. This might not happen right away, but I think $2 Hive is a good goal for 2022. If we all buy and stake another 235 Hive, we can easily double the market cap from here. How many new users need more HP?



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13 comments
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Yep I'm getting the next goal... I'm taking a trip and I'm being able to afford it with my hive!!! What? Proof of cryptocurrency? No kidding.

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(Edited)

That would be the dream. Pay rent with Hive, buy lunch with Hive.
Pay for a 6 week vacation with Hive. Good times for all!

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Hopefully we can get to the point where soon we will be able to afford to work on getting property. And from there making even bigger move. A little tiny home would be just perfect for me and fluffy dog as long as we had plenty of space for my puppy dog too be the Lord over.

Yep he totally deserves his own space.

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$0.25 by the years end.

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(Edited)

If BTC continues to fall, I wondered earlier, how far
Hive could fall?. I suspect $0.25 is a reasonable low.

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BTC wont fall because its not a shitcoin like hive that has bias human interference with currency distribution.

Enjoy the hole you are living in, because it wont last forever.

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I still thought about this today, it seems just like yesterday Hive was 0.1$. I remember someone who bought 1million hive at that time. The person should be swimming in profit now if he held all through.

Posted Using LeoFinance Beta

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I wish I could have! However if we all buy a little bit of Bitcoin then we will make it.

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Well, I bought as much as I could. I still buy because we will look back at 0.8 and realize how cheap it was at some point in the future too

Posted Using LeoFinance Beta

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(Edited)

To be a Hivillionaire, what a dream!

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here is hoping and putting in some cash for the run up. thanks for the update.

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