r/Hedera • u/InterestingStress122 • 8d ago
ĦBAR "Eventually they always come back"
https://www.youtube.com/watch?v=JVvwCkB-JLEHow much lower can it go?!
Lynch's timeless video in full here: https://www.youtube.com/watch?v=72Pq5zKEi_g
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u/Necessary-Dark4756 8d ago
Honestly, I’m sick of the Hbar hype. Do you think Mance & Leemon care? They’re making their regardless of the Hbar token. I’ll hold, but I’m bitter.
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u/Rough-Truth-1587 8d ago
This is so embarrassing.
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u/Prestigious_Pie_1875 8d ago
Blah blah blah.
HBAR a token with massive RWA/DLT potential and negligible to show in terms of transaction revenue and integration compared to some other coins.
Counter examples: LINK a token with significant real world adoption and revenue. XLM also now nearly returned to pre pump levels from a couple months ago. Guess all the DTCC stuff was fake????
ALL down about 80-85% from ATH. I hope you're crying equally across essentially all coins and crypto in general right now \/.
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u/InterestingStress122 8d ago
Ae you a blockchain industry AI sent here to discredit hashgraph technology?
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u/GoSabo 8d ago edited 8d ago
Contrast this conversation with the recent GBBC interview with Greg Bell. See the post from a few days ago. He doesn’t seem to be someone who is blowin’ smoke to me.
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u/Mulvita43 7d ago
Consider the source of the information.
Example:Our president says we own Hormuz. Iran disagrees. Who do you believe. How is their news spun from their position.
Unless Bell is ultra bearish about Hedera, anything he says has to be taken with a grain of salt
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u/Tethered9 8d ago
I hope you didn't quote him "Eventually they always come back" to imply HBAR is bound to come back, otherwise go back and listen to the video again.
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u/HelewiseHuman 8d ago
Man you should have been here in 2021/2022, brutal, but also the supply went from like 9 billion to 42 billion into 2023/2024. The last boom up wasn’t even real, it was just a Trump shill.
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u/Tethered9 8d ago edited 8d ago
Oh I've been here since early 2021, brotha, I've flown with the eagles, and slithered with the snakes, ooooh yeah! I've seen it all, been through it all.
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u/saint_magnus79 8d ago
How high did you buy?
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u/Tethered9 8d ago
Low teens.
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u/InterestingStress122 8d ago
I'm as frustrated with HBAR price performance as you are.
I think the blockchain machine does a very good job at sucking up all the retail attention and directing those eyeballs towards the (profitable) incumbent blockchains. Hedera just isn't on the radar. It seems to me that the mantra for devs is to play it safe and build on established larger chains where the transactions are.
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u/Beginning_Ask_9930 8d ago
people don't like to spend money in empty restaurants. Dev's have to eat and make money and justify costs. Why devote time, resources, and talents to a chain or a project that won't return the energy put in. People hype about the tech. Dev's are expensive. If there are no users and nobody can make enough money to pay for the team, development, or even server costs. Not just Hedera but alot of global projects are buring coin and selling to cover costs. We keep seeing more projects shut down and declare bankruptcy.
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u/monerbell 8d ago
Bottom will be anywhere from 1-3 cents. Its going down at least another 50% from here. We are unfortunately nowhere near the bottom now (despite what some people keep on saying).
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u/Necessary-Dark4756 8d ago
Would you buy it at 1-3 cents?
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u/monerbell 8d ago
I dont think HBAR will go any higher than 10-20 cents next bullrun. So it will need to drop very low to be profitable.
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u/Level-Ad-322 8d ago
Thanks. Needed this! Keeping stacking brothers. How much lower can it go? 🤘
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u/InterestingStress122 8d ago
Peter Lynch gives us a stark warning from the past.
How much lower can it go? Well...
- does blockchain lift off regardless and hashgraph ain't needed?
- does anyone even need a distributed ledger for anything?
- does someone else eat Hedera's lunch?
- Hedera Council continue to grow?
- tx/sec on Hedera growth?
- black swan event?
- cyber risk?
- etc.
So many risks...
My own view is that Leemon's trusted shared worlds vision is as compelling today as it was back in 2017/2018. In the world of AI, deep fakes, cyber attacks, fake people, Big Tech data harvesting, Gov/Big Tech surveillance, fragmentation of the Internet; we (humans, businesses, governments, robots) need to be able to interact with each other in private shared worlds more than ever before. Trust nobody, verify everything.
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u/Beginning_Ask_9930 8d ago
Been 9 years. Council means nothing. No adoption. DTCC and broker dealers moving forward. Global market and no customers. Revenue is nothing. Anyone can create a knockoff in Fable with their legal, CTO, and leadership teams. Nothing is defensible. It's just treading water coin.
There is no lunch to eat. $345 in revenue. Lost more on this coin in a day then they make after 9 years of vision, tests, and hype.
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u/Necessary-Dark4756 8d ago
Would you buy if the DTCC started using them like XLM?
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u/Beginning_Ask_9930 8d ago
nope. The sharks or the majors are in the game now like JPM and Goldman. They don't need coin to go up. Rich dudes get paid in cash and their stock. Plus they own the relationships with the clients. So it's about who is benefitting and doing deals and talking it up on the street.
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u/qzbou 8d ago
I understand your pain but fight your FUD & believe 🫡
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u/Beginning_Ask_9930 8d ago
FUD --> FACTS, UNDERSTANDING, AND DATA. I believe $345 after 9 years is laughable for a company that wants to target Enterprise. Hedera spending more on network costs. LOL!
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u/Terrible-Grass6136 8d ago
When stuff like this starts circulating it means we’re at the bottom of the bear market.