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RE: Over $14,000 USD worth of Hive & HBD burned in February
I just wonder for this burning scenario if the HBD is worth printing at all. Does a 100% power up post remove or stop that particular pile of HBD from coming into existence, or do other votes simply place it elsewhere? And I know I could word this better lol...
0E-8 BEE
I think it is just theory as it is immediately removed from circulation the block after it is created. In my opinion, no one cares or even looks at what is burned, the real benefit is the lack of sell pressure caused by someone selling it.
I've said this a ton of times in the past, I could burn my entire stake (2M+ Hive) and the price wouldn't move 1 cent. No one cares. But I sure can affect the price just selling/buying a fraction of my stake.
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