We get less hive as the price increases, so technically we don't earn more during the bubbles. However, a lot of people do not actually know this, or they do and still ignored building or buying when the prices were low because they felt it wasn't worth their time.
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I agree people tend to ignore it when prices are low but I don't think there is a large decrease in rewards from making content. Of course there are more people active so we share the rewards pool with more users but I don't think it affects our rewards too much.
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It's obvious, the more pricy, the less reward, trying to build something to sell for these people when the price is going up is totally foolhardy
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I observed this also, as the price of hive increases, there less reward on hive.
The value of hive is actually still equivalent to its current pricing whether it increases or reduces, it still remains the same.
It's best to buy more when the price is low or create some more content now because with time hive goes higher and reward of hive is still the same.
Thanks for this post, it just clarifies what I was thinking.
I know what you mean, but technically that is not true:
If the payout says 10$ it is 10$, whether the price of HIVE is high or low.