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About Hive Moon

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@urun
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Last days I read again a lot of Bull posts. I'm also bullish on Hive. But not in a short timeframe and not even with these high numbers.

Does hive hit 50$ at the end of the year?

No. I think that's not possible.

But let's play the Game. Ignore the fact hive offers today not the best user experience to not blockchain people.

With 50$ hive, can you imagine how many HBD are printed? The price should be around 70x to that point.

that would mean around 2.030.000.000 HBD on 10%. 2 Billion HBD. With the current mechanic, I would expect massive panic sells. Even if a post can earns thousands and the abuse would increase, no matter what we do.

It would need a slower price growth to support it. Special it needs more Hive holder to fight abuse. And don't forget at this point the user experience and how it feels if they hold the stablecoin and it will lose massive in value and will be worth maybe 0,20$ per HBD #haircut.

HBD would be with a long spike period hives Achilles heel. Not because inflation explode, because people buy at some point the "stablecoin" or convert it and get rekt.

The current pumps are greed for the 10% interest and Splinterlands IMO.

FUCK YOU URUN YOU IDIOT FUD BOY!!!!!!!!!

Do I think we never hit 50$? No, but that needs the release of the cool shit that's planed.

Remember SMTs?

They were never released and the testnet version was bullshit.

Remember the hype?

I do. That was the reason for nice spikes. And a massive depression.

Do you mean Hive is not cool?

It is cool, but be careful FOMO in at these prices. These prices offer the highest pain level.

BTC looks weak to me too. No financial advice. But I don't think the moon soon.

For me, it looks like the " please buy my coin" market phase. The time period before another dump.

What's the point? Be careful and don't become greedy fomo. I could write about that a bit more in detail, but the core message is this.