Eh, it's that normal cycle of: Bitcoin runs first, alts second, then back to BTC for the next run up. But the little Hive pump is nothing compared to BCH, LTC, or DOGE running 15-20% gains. The problem is, as always, lack of liquidity and lack of people wanting to really buy. Hive has a very low exchange volume so it doesn't take much to move the price.
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Totally understandable... I still think if projects on HIVE succeeded more, we'll see them needing more RC, hence HIVE price will move up. Then again, I have too much Hopium in me, so...
Posted via D.Buzz
You don't need a ton of RC's to do much. Just depends on what the project is trying to accomplish. I have ran multiple projects on a couple of thousand Hive between them, which is only a couple of hundred bucks, so not much at all really needed. It would only be if that project wanted to stack up a big stake. The HUGE problem with staking Hive as a business, is the 13 week powerdown. There needs to be a better option for unstaking as half of your posting and curating rewards goes into staked Hive. These are funds a business needs to survive in many cases, not have locked up in the system for 13 weeks, only getting little drops weekly.
INLEO.IO plans to give RC for all accounts that register through it, for now, they could afford a couple thousands accounts, but if they had hundreds of thousands of active users, (they plan on onboarding that many eventually,) they'll need ton of RC to manage that.
Posted via D.Buzz
Again, it depends on what the project is doing. Yes, that particular thing would require a ton of RC's. But just to run a token, witness, or front end, it doesn't take more than a couple of thousand HP worth of RC's to get it done. If you are doing payouts, delegating, or any of those kind of marketing gimmicks, then you will need more.
The fact that HIVE's gas system (Resource Credits) is this cheap and rechargable, is what I love about the platform!
Yeah, it's a great feature. But once you have enough to do what you need to do, there isn't a ton of incentive to keep staking.