Bitcoin Pizza Day, Coingecko Candies, and Hive price.

Do all of these three in order make sense, I guess not at first glance but I will leave it to your imagination to connect the dots and think again if it makes sense. Anyways I have got some of my interesting interpretations and I will like to share my views on a very light note so that you can have your imagination to add to it.

Source

Many can still debate that 2 Pizza for 10000 Bitcoin makes it the world's costliest pizza but in other words, it made Bitcoin a currency in the true sense where it can be used to buy some tangible items. I am still trying to imagine how this transaction happen, Did they wait for the Bitcoin transaction to be confirmed or it all happened in good faith or those pizzas were prepaid? This makes the first step to mark crypto as cryptocurrency and after that rest becomes history. Even Bitcoin is required to prove its worth as "transactional currency" before becoming the "store of value".

Congecko candies on the other hand just prove the loyalty of the user that goes to claim them. I am collecting them regularly and unfortunately, I did not get anything by rewards of candies that make me say awesome. I can buy some games by using candies but that game proved too boring and purchased some domain names but I am not aware of them where I kept that information and what might be the current worth of it.

I want to redeem these rewards but unfortunately, this is for the Premium user.

As far as hive prices go they are just disappointing and by looking at the chart it looks like that Hive did not touch $1 in the last year.

It was mostly depressed under 50 cents for the majority of the time last year and barring the occasional pump, it remained below 50 cents for the last 6 months.

I am not sure what we require for Hive, some kind of transactional utility to celebrate before we get value to celebrate, unconditional loyalty to support and spread it and burn it part for the HBD that can very well give a stable 20% in this depressing market though it does not lucrative scheme for getting rich overnight where the chase is wild to find 100x by putting money randomly in 100 coins and getting rekt in all of them.

Maybe not everything is as bad as it look but it might be working steadily like a tortoise instead of going as Hare and still not hitting the finish line to lose later.

Posted Using LeoFinance Alpha