RE: Upvote criteria - Upvote pause initiated
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1 HIVE for 8 HBD? Wow, I wish I could be that optimistic these days. I would be a happy man if HIVE ever conquers back 1 HBD. Until then I am just doing what I always did since 2020, posting, commenting, upvoting. Just Hiving. ✌🏻
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Yet it is not unreasonable.
8 is a bare minimum,
Hive should break above.
That was STEEM back then, right?
Yep, things were going quite well before the Fork had to happen.
I had my website hooked up to steem and everything. We are stronger now though,
Steem is just a shell of its former self. Its hardly even active last I looked.
Although Hive is a deflationary crypto, so its expected that if the amount of investment does not abruptly grow (aka no investment) then its price should decrease over time.
That does not mean people will over time have "less" value when comparing the total value in HBD (or USD) of your total tokens.
Why? Because stakers and curators also get additional inflation with their stake on the platform. So in theory (and I can also say in practice), if you are a long-term holder and curator, your total value on the platform will increase, because most of the milkers are either throwing away free tokens to you, or not understanding how less important they are becoming because the token value will keep decreasing.
Yes, I know previously I had much more in USD than now, but I also have a lot more stake on the platform that allows me to curate a lot more than before. And because the milkers will have less chances, the platform will self-balance eventually.
Question... do you play Hive games?
Posted using MemeHive