But i often dont understand how hive can have so many people earning and cashing out from reward pool and yet still go up.
Hive's yearly inflation is less than 8%.
So if the demand to buy Hive in a year is higher than 8% number will go up.
Even Bitcoin still has an inflation rate of something like 1%.
Curious your prediction of Hive high water mark for this bull run?
I don't have one.
Hive is too volatile and unpredictable to even guess.
We're off to a good start though $2 would not be difficult.
Last cycle Hive went x30 from the bottom.
If we pulled a similar move this time from 16 cents that would be $5.
But selling the top is not important it's better to stay balanced and not wipe out.
Will write more about this when it's relevant.
lol, sorry to get specific, but you seem like you know things 🙃
8% of what number?
haha. maybe i should know this on my own. feel free to ignore me.
8% of the number being inflated.
Total Hive in existence.
sooooooooo
8% of 464M Hive
but it doesn't matter what the number is
8% inflation is 8% inflation is 8% inflation no matter what the number happens to be.
You can think of it as the price going up 8% less a year.
Can Hive go up more than 8% in a year?
It's not very much when you actually look at it.
I feel nudged a bit closer to understanding.
Appreciate you taking the time.