TEN BILLION!?!
Just trying to figure out the implied market cap of Hive if HBD is ten bill.
Thinking something like $50B after pumping up the haircut percent.
Easy $130 Hive price :D
I think we can get there in 5 years.
Posted Using LeoFinance Beta
If you are putting a 20% haircut out there, yes we would be looking at $50 billion.
The time to get there is interesting from this perspective. How quickly can we produce HBD if things go down this path? Even using 100% interest, with what comes out of the reward pool, it is not going to amount to much.
We would need a whole lot of HIVE converted to HBD. That would send the amount of HIVE out there downward.
And no burn; just a different version of HIVE.
Posted Using LeoFinance Beta