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RE: Will Hive Power Become Deflationary?

in LeoFinance3 years ago (edited)

If HBD get more attention and most of Hive will be converted in HBD then reduction in quantity and increase in demand will automatically increase the value of Hive. In this case, staking Hive Will give a lot of benefits.

If we take a look on figures. Rate of HBD on 9 March 2022 was 0.99$ and rate of Hive is also 0.99$ on same date, rate of HBD on 15 march 2022 was 0.99$ and rate of hive was 0.80$ on same day. Today rate of HBD is 0.95$ and rate of hive is 1.15$. I think their prices are also effected by some other facts and this effect is not same in HBD and Hive.

but @taskmaster4450 I agreed with your idea that is explained in this post. Your are one of the most experienced person of our community.

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You would think the more HBD that is out there, if converted, the higher the HIVE price.

We are not seeing a ton converted at this point though.

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Exactly 💯