OK ... I will take correction because I probably have rolled your data in with some other I have been looking at inadvertently. My apologies to you and all. I will, however, ask this question: given that Bitcoin is a strong factor in how markets move, do you have data that suggests is it LIKELY that adjusting the HBD interest and/or jiggering the reward curve downward will have a positive influence over the price of Hive that will counterbalance the influence of Bitcoin? By the way, if ANYONE does, I'd love to be corrected again.
You are viewing a single comment's thread from:
I don't have that data, but it might be possible to determine it statistically. I'm not sure though, because we've only altered interest rates a handful of times any analysis might not achieve statistical significance, but I haven't examined that deeply.
The Bitcoin aspect is not relevant at all, HBD interest rate doesn't have to act as a counterbalance to anything.
And it won't ... it can't ... that was my point ... so I'm not seeing why changing it is going to improve anything. Like I said, I am probably conflating your data with some others ... but there's not much any altcoin seems to be able to do at this point in the cycle to get on a sustained rise or attract a bunch of investors. It's just not time yet. As much as I would love Hive to be an exception to the rule, it seems that the GENERAL tendency of altcoins to follow Bitcoin in its cycle dominates. Again, I would love to be wrong: if you or ANYONE has any data to show me that there is ANY combination of elements on Hive's price that can and has resisted the general market trend, I would love to see it. But if this is not a thing, I need to know why people suddenly want to fix what isn't broken with the HBD interest, when that's a part of the good story we are taking into next year and the bull.