With the constant selling funding DHF proposals create, the supply of Hive on exchanges is likely to shrink. This should cause the price of Hive to rise on exchanges because of the Law of Supply and Demand.
In fact Hive has risen $.02 since the OP was published. By the above explanation, this is the dip to be buying.
I don't understand this argument really. You do know that the selling pressure from the DHF is essentially nothing compared to the volume we have on exchanges? Not even counting the days we have hundreds of millions of volume. Or am I missing something?
The Law of Supply and Demand isn't closely correlated to specific ratios, and the question I responded to was regarding the mechanism, and not it's magnitude. While an particular source of supply can be small in magnitude, it can be far larger in the impact on the market for a variety of reasons, depending on the perceptions of the market.
In comparison to the volume generally transacted, the DHF isn't a substantial percentage, but it's significance may be far more substantial as a signal of improved management of Hive being implemented than it's proportionate contribution to that volume.
No, I am absolutely not sure, and now that the Return proposal is restored to inefficacy, I am less sure than ever. BTW, I do appreciate sound criticism as you have given me. It is that most valuable prize I can be awarded, that grants me the ability to become right when I am wrong.
Limit orders for what? Buying Hive on a dip? Or... ?
With the constant selling funding DHF proposals create, the supply of Hive on exchanges is likely to shrink. This should cause the price of Hive to rise on exchanges because of the Law of Supply and Demand.
In fact Hive has risen $.02 since the OP was published. By the above explanation, this is the dip to be buying.
I don't understand this argument really. You do know that the selling pressure from the DHF is essentially nothing compared to the volume we have on exchanges? Not even counting the days we have hundreds of millions of volume. Or am I missing something?
The Law of Supply and Demand isn't closely correlated to specific ratios, and the question I responded to was regarding the mechanism, and not it's magnitude. While an particular source of supply can be small in magnitude, it can be far larger in the impact on the market for a variety of reasons, depending on the perceptions of the market.
In comparison to the volume generally transacted, the DHF isn't a substantial percentage, but it's significance may be far more substantial as a signal of improved management of Hive being implemented than it's proportionate contribution to that volume.
Are you sure?
https://peakd.com/hive-167922/@tobetada/dhf-drama-and-why-you-are-wrong
====> 15 000 / 87 000 000 = 0.0001724... <====
... 0.0172%
No, I am absolutely not sure, and now that the Return proposal is restored to inefficacy, I am less sure than ever. BTW, I do appreciate sound criticism as you have given me. It is that most valuable prize I can be awarded, that grants me the ability to become right when I am wrong.
I'm playing both sides