I am not a total HIVE evangelist, by this I mean that I wouldn't sell my mother for some 🙂 however I have faith that competition will keep on driving the price up, that's certain.. Out of these 6000 authors, some are drastically improving, and will only get better with time. Better pics, better words, better formats. A confession, I use to survive thanks to the money I earned here, then gave up for an entire year during the bear market. I rarely cash out now, because I know the value will increase, maybe not to $10 but even $5 would be gigantic, and attract more talented authors, increasing the competition.
Once folks figure out our blockchain advantages, 3sec blocks, 10sec irreversible blocks, 'free' transactions, pretty nice community willing to help anybody that asks for it, world class developers, flatter distribution, etc, the price should reflect that superiority, imo.
When that happens authors are going to flock to the pool.
What we have here is very early in the adoption, but not the development.
It is just a matter of time before the rocket launches, iyam.
People selling now are cashing out the golden ticket for nickels.