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RE: The Case For $50 Hive

in LeoFinance3 years ago

It's quite tricky to predict prices and I normally try to avoid it. However I had a look at the staking rate of hive during the last two months and this has gone up regularly. People think that 10'000 new Hive accounts only need RC to be created but this is not totally correct. These accounts need to be operational for the game. This means that around 20 Hive Power have to be delegated to these accounts. This means that every day with such a growth 200'000 additional hive power is needed!

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That is true. The more that Splinterlands attracts new players, the greater the chance of more Hive being sucked up.

I never quantified it but you are likely correct. They will need about 20 HP just to play the game.

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