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RE: Dream of the Bottom Price .:. WorkerBee PH-Pool Week 267
Good morning, @ph1102. I’m one of those people who doesn't worry much—on a personal level—about the price of Hive. In fact, I bought a little bit this week, and several months ago, I swapped all my HBD for Hive. However, I am concerned about the repercussions this has for the blockchain.
As for equating the value of Hive with that of stocks, I believe it’s a valid comparison; it reflects the market value of a project (in my opinion), and that, too, concerns me. At the same time, this tells me that token burning is not the solution—merely a palliative measure.
This is just the opinion of someone who still has a great deal to learn... but I’ll leave it here nonetheless.
Warm regards.
0.00015690 BEE
We have a similar view regarding HIVE price... I don't pay too much attention either, but it is important because it attracts new people and attention...
I partly agree with you, but I wouldn't call HIVE "as a project", but rather apps that are built on top of it... They could be compared to stocks as they should have a business model, revenue, etc. Hive itself has value, but I'm not sure how it can be measured... Btw. that being said, it's not HIVE value, but also other blockchains' value, SOL, ETH, etc. It's hard to put a price on them...
Burning tokens sounds "ugly", but it's just a simple token supply reduction... In traditional finance, we are used to inflationary systems, which do work, but also, they can get out of control too...
Thanks for sharing your opinion and view! Appreciate a good discussion and talk... 🙏
Good afternoon, @ph1102, and thank you very much for your response—it helps me gain a better understanding of our ecosystem.
Regarding the value of Hive, there is something I used to hear often back when I was a youngster: price and value are not the same thing. To me, Hive holds a great deal of value—that is to say, it offers many possibilities—and, for me personally, it possesses immense value as a censorship-free space. This remains true regardless of whatever price the market dictates.
Once again, thank you very much for reading my post and for leaving a comment.
I hope you are having a wonderful day.
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