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RE: The Death of dCITY?

in LeoFinance3 years ago

I would expect the taxes to push people to cash out. But having a very low amount of Hive selling your SIM might not be so exciting. People might just wait a bit for the SIM price to catch up a bit and sell after that.
No idea, but I will just let my city live for a while and see if the price goes up again.

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Ya, card prices have plummeted, a bank which use to be 18 hive is now like 8 hive

I really wonder how difficult it is to keep SIM pegged to Hive with a Hive increasing non stop like nowadays.
Sure enough the decreasing price of cards is not only due to hive rising tho.

Posted Using LeoFinance Beta

Ah the percentages almost match up on the drop in the sim price. So the card was worth that much because you could get a certain return. Now that sim is way down, you can't get the return. Just like a Treasure note.