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RE: What is going to drive demand for HIVE?

in LeoFinance4 years ago

Yes for RCs to add real value to HIVE in terms of its market cap the number of users we would need are many multiples of where we are today, many many multiples. When you factor in the ability to be able to rent RCs instead of buying them, the number of users needed goes even higher.

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I don't know if it is possible but...What about changing the algo that rules the RC related with the amount of liquid HIVE at the exchanges?

You mean simply coding the RCs to be more valuable than they are currently?

yes

Good question. I've long wondered how the value relation to HP was derived for the RCs currently. That also raises another interesting question, if there was a major bull market in terms of HIVE adoption, what would stop the developers from simply re-valuing the RCs to a cheaper rate so things don't get bogged down from all the activity?

I was thinking about linking somehow the RC costs with the amount of Liquid HIVE in the exchanges.
So, if the amount of Liquid Hive is high then the RC cost should also be high and the contrary.
That would increase the demand for HP, so the price would rise and the RC cost would reduce.