I might be misunderstanding the situation, but I would have thought that Hive sold wouldn't be included in these statistics, since that Hive still exists (just on a different wallet or exchange). I thought we were saying that less Hive existed everywhere at the end of the year.
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If you sell on hive engine, it's being converted to hbd, which would make it disappear -as opposed to doing it on an exchange
I think!... I'm just a dumb nerd definitely not a techie Blockchain guru
So if you bought ten hive at ten cents for a dollar and sold all at 1.00 ... Then you made 9 dollars and burned\converted to hbd. Now u have 10hbd. If price goes to 2$, now you can only buy 5 hive with that ten
I don't think that's correct.
I could totally be wrong, but I think Hive-Engine just connects buyers and sellers. So if you sell Hive on Hive-Engine, it's not being converted to HBD, it's being sold to another person who wants to buy Hive.
Ok, yes, that makes sense too- just exchanging hive for hbd, so it's not really going anywhere.. Perhaps it's when people convert it I was thinking of-i still think it has to do with the increase in value somewhere