Does anyone know what is happening with the POB token? For a while it was in the same neighborhood as LEO, but for a few weeks it's been crashing. Just now I checked the price at Hive Engine, and it's less than a dime at USD 0.09923.
I realize that not all sales of POB are due to the token, but it looks as if people are walking away from POB. The only good thing about this price performance is that it makes it easier for "@"onealfa to add to his bag.
I'm not as active in POB as I had been earlier, but that's because of me and not Proof of Brain. If there's any drama there, I have no idea what it could be and I don't care. I'm just curious about the hit POB has been taking in recent months.
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Well most of it was pushed up due to the price of POB. After all I recall a lot of the same writers also writing for LeoFinance before POB came out. There was some drama but I don't check that community after all the drama.
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Lack of engagement. Most of the authors on POB are hit-and-run. They just post and get fat upvote and run. Their stakes and curations are low. So yeah it's like titanic now.
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Yea people tend to gravitate towards the things with the highest price. Do you know where these users have moved?
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Judging by the numbers, they didnt come back to Leofinance
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Yea they didn't come back to LeoFinance so I wonder where they went.
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It's had a lot of hype at first but I guess most people were only in it because of the high rewards, as the token price was even higher than LEO at one point. Now it seems that the community couldn't keep up with the hype and people don't see real value there anymore.
I like it there and not planning to go away but I think not everyone thinks the same.
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For Hive-Engine tokens to have value there needs to be demand.
A reason for people to always be buying, if you will.
Niche community tokens (like LEO for the finance/trading community) offer the ability to put your message at the top of a very targeted group of people.
This is a reason for there to always be demand for LEO.
Think Facebook ads, but you own a part of the community you're promoting to.
As a generic community, POB just doesn't have this base reason to generate demand.
Who are you putting your message in front of within that community and why would you pay to do so?
If you can't answer those questions... and I personally can't... then there's your reason why the POB price will go to zero.
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