RE: I have only 600 HIVE, I missed the bus...
You are viewing a single comment's thread:
I think $100 second layer tokens on hive is possible but not hive itself. What i learned from projects like hex coin and now pulse network and pulsex. People in crypto don't care that much about communities and projects as much as they care about money lol. It's a phenomen that happens here that doesn't happen in the standard economy.
In the standard economy the usefulness of a product proceeds it's value. In crypto it's just hype cycles and being lucky and you get rich. So hex coin in less than 2 years generated a $100 billion market cap just based on that idea alone. No real technology no nothing.
That's how it is like it or not. What i've done here on hive is created the first certificate of deposit using a similar strategy. it's now about 5-6 bucks.. Will it see $100 and good trade volume one day? Probably so because it's based on those elements of human nature. i dont think hive how it's create can do that. I think in all honesty it just makes more sense as a stable currency.
Posted Using LeoFinance Beta
it will depends on the apps that will be built on top of HIVE, that's for sure
The question is what is the longevity of such project? What happens after all the hype is gone, Hive might not have a lot of hype for now, but development is strong, at some point, hype and development on hive will meet at a mid point
and at that point we will see many people talking about their comments in hindsight how they sold hive for cheap $100.
Posted Using LeoFinance Beta
Cheap $100 ? 😚