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RE: Case For A Hundred Dollar Hive

in LeoFinance3 years ago (edited)

I personally think hives price will be limited by its utility, if it were to reach $100 or even $50 that would mean that even to be able to play splinterlands with very few rentals etc would require at least a few hundred dollars and being active on the blockchain playing games and posting would cost thousands just to have the hive power. This would then exclude many from being able to sign up and drive down prices due to lack of uptake. I certainly think 5-10 dollars is possible but these big numbers would kill off hive for everyone but the existing members.

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Those technicalities can be adjusted as network scales up, and low stakes participants will still have similar experiences as today. Those requirements, RC costs, etc can be adjusted and also many apps and communities will become strong enough themselves to provide necessary delegations for players and participants. In the future hardforks there will be a Resource Credit delegation option, which will solve some of these things.

Yeah there will no doubt be workarounds but in the current format prices that high would not be a good thing for anyone but current holders who would also need to find a buyer to actually earn that much. No one will pay 100 or even 50 for 1hp and the RC's that provides.

But it would be nice haha
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