I guess i now got a bit clue why we got a pump on hive, there is need to have a good derivative means of keep hive supply balanced.
I fear what might happen if mass sell occur, how do we prevent such dump since more hive are created on daily basis to reward authors, the supply will always increase with time.
It does increase with time but as a slowing rate. And people can convert Hive to HBD so that could also lessen the amount.
The big issue is going to be when $HIVE is needed to operate. HP equates to RCs. This means that people, if the user base grows, will need it.
More that is powered up means less on the open market. That could create liquidity issues.
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Thanks for the clarification.