Consider it this way. Hive essentially offers a "subscription model for fees". If one spends $50 at today's prices, he or she will never have to worry about transaction fees again at the blockchain level. That will provide more then enough ability to trade and transact on a daily basis, no matter how active the trader.
No way that the RC costs won't be higher in the future, if this blockchain reach its potential and we have let's say a million users the RC cost will rise up or we will have enormous traffic problems.
Also RC is a resource that should increase its importance in order to make more attractive to power up Hive.
Posted Using LeoFinance Beta
They will but how much higher. $50 gets one more than 400 HP today. That is a lot of transactions.
Plus, as the price of RCs goes up, hopefully actions are being taken to push them back down by making the blockchain less expensive to run.
Optimization and ongoing development in that area is key. If not, you simply get Ethereum in another form.
Posted Using LeoFinance Beta
Yes Ethereums gas fees are huge and RC shouldn't reach to that levels but if that has to be a problem will be because we have a lot of users, anyways Hive has much faster transactions than Ethereum so this blockchain has more advantages from ETH than just transactions with no cost.
Anyways your point is very valid in the sense that this moment is a huge opportunity if Hive has success, I remember when STEEM was at 1$ back then wasn't so easy to build an account from zero.
Posted Using LeoFinance Beta
I started at like $1.30. Buying like 200 STEEM at a time.
Your are right it was a slow process.
Posted Using LeoFinance Beta