My guess is it will go
down
down
down.
It needs something to help it keep up. Is any of the money from the subscriptions going to feeding the ecosystem?
I am wondering what their plan is to keep the price up.
I kind of see it as a free fall in price waiting to happen and "getting in early" as being the reason you make a good return.
I am a daily email reader and play on reading emails even if the price of listnerds goes down, just wondering out loud over the tokenomics.
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I guess we are going to have to wait and see. If I can at least pay for my subscription each month I will be happy.
If the subscriptions feed the price of Listnerds than it is very sustainable to keep it at 2:1
I suspect the same. It’s just not sustainable without some other form of revenue injection. Unless the admin team is happy to maintain that floor for hundreds of thousands of Hive… Maybe though!
Well somebody is making money off the subscriptions, because only so much of it needs to go to running the system.
Indeed! As they should—people need to get paid :)
But if every verified mail currently pays out a monthly enterprise tier subscription in equivalent Hive... then it just doesn't work out long term. Floor price must drop, unless the team is willing to operate at a loss to promote the service.
Although, the whole CTP/LN network (including HivePay) may have lucrative income streams that I know nothing about. But even with a giant stash of reserves I still can't imagine the current floor is sustainable.
Maybe the plan is to hope that most people hold onto their stake and see what happens? I'll be shocked (but happy) if there's a still a 1.5 Hive floor in 10 weeks 😉
I've seen it dip a bit already.
Let's keep watching.
I am really expecting them to do something so it will be fun to watch to see what that something is.