and people are still moaning. Now it's a lack of TPS, despite no other chain coming close.
Did people not buy enough at 5c? Is that what it is?
We do an almost 25% move in days and people are dissatisfied about on-chain activity.
99.99% of crypto is speculation. People pile money into all manner of shite. This is the 0.01% that is actually doing something meaningful.
Look at Cardano doing nothing to get to 90bn mcap. Look at Sol constantly breaking down.
And people are whinging about TPS at 1500 plus 😂. Give it time FFS. These use cases take time to onboard.
Only thing I can guess is they sold their bags and don’t want to buy back in higher. I’ve followed a lot of projects over the years and have never seen progress like these guys make. Most projects are all talk, but Hedera is action. I have been so impressed by what they are building, I have ditched everything else and I’m all in on HBAR.
Exactly. But this is coming from people in this channel who should understand the magnitude of what they are doing. I was at 4/5 of my target number of hbar and was about to deploy before this pump. But I can't complain- people are finally waking up out there and seeing the potential.
Indeed. I don’t even got 50% of my target, but very happy with the price evolution. I almost can’t be anything else than that they sold on the staking news hoping for lower entrance and now are disgruntled since they now have 25% less HBAR if they would buy back now. Problem for them is their situation might even get worse the coming days. Trading can make you money but it can cost you even more when things heart up.
I'm not trying to induce FUD but I'm not some HBAR moonboy either. I'm taking an objective look at HBAR as investment. When I see all the $1-$3 predictions, people getting overly excited about partnerships, and TPS, I gotta take a step back and look at that independently. The truth is, at the end of the day TPS is ALL that matters to an investor. Let me repeat that, TPS is ALL that matters. It's a measurement of the use of the network. It's what generates fees for the network. It creates the supply/demand and price for HBAR. It's what funds staking rewards. You could announce Apple on the GC tomorrow but if their project puts through 12 transactions a year, it doesn't mean anything. So by me pointing out the fact that there's only 1kTPS currently being done on the network, and most of that was donated from the HBAR foundation, the network (even by Mance's admission) isn't even self- sustaining yet. That's not fud, that's a fact. And as far as comparing it to other chains, that's a strawman argument. Other chains don't have the same fee structure, tokenomics, or use cases. Yes, Hedera might be doing more TPS than ETH but ETH's fees are WAY higher, generating more revenue. Will Hedera get there? I think so, there are a lot of positive things happening. I'm a huge HBAR investor like you guys , it makes up 90% of my crypto holdings, but there's a difference between looking at a project through objective measurements and thinking something is going to the moon on a single announcement. I'm a "show me the money (TPS)" guy. Show me where ALL these use cases, partnerships, and announcements lead, it has to be TPS at the end of the day, and that's what missing thus far.
On that basis, most L1s would be worth zero and there would be zero point investing. Speculation is on future use cases, and TPS. Most of what is built on Eth, BNB is shite- those are the moonboy shotcoins. I've been waiting for some big corporates to show an interest and that's what's happening. Unless the stories regarding the likes of Hyundai and Abrdn are fantasy. Do you not look at other projects? Again, what TPS are they doing and what partnerships do they have? If you have concerns and adoption seems too far away, don't invest. The risk is priced in at 5 or 6 cents in my opinion. What's Doge, Shiba and Pepe doing for the space. Answer- fuck all.
That said, I appreciate your more measured response. Clearly you are more articulate than Jiggy With It.
So what is your problem?
They can't explain it! It's really tragic watching these people constantly moaning. Perhaps Jiggy can have a seat on the board 😂. Introducing the new CEO, Jig. Here to boost TPS
How is having a discussion moaning?
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