Whales will start selling after crossing $10 mark. FOMO will make this buying decentralized. It depends on various situations.
If you take a scenario where few will be buying up to convert to HBD for long term low risk fixed income purposes, then a lot of Hive will be destroyed. Everybody has a price point at which they would sell. Everybody will be selling and everybody will be buying.
One or few people can't afford buying up all. If you are thinking someone with a big commitment to do so, then price would go much higher. Going to $1000. Not happening, for the reasons you stated.
The exception proves the rule, I suppose.
I imagine you're right.
I don't know about you but I plan on acquiring a couple million more Hive.
wow, very ambitious. You are super obsessed with Hive.
Am I? That's just the moderate amount I'll need to create a sustainable business here.
Nothing to see here. Business as usual.