RE: That Guy on Steemit Was So Damn Wrong...
1 Min Read
I’ve been here since launch. While I agree with you, $30-$50 hive is pretty much impossible with how hive works today. You named a few but add up all the accounts that purely curate to cash out the yield, that’s a lot of negative externalities…
The only way we can see hive shoot up in price is if people buy and don’t sell FAR more than the daily “paychecks” being paid out on a perpetual basis.
Burning hive at a rate higher than the hive inflation rate could have a nice effect too.
Been quite here lately but figured I’d comment on the first post I read here today
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Your math makes sense, for sure but I sometimes like to dream... It doesn't cost me anything...