RE: Lessons from Whales: Insights, Aspirations, and the Path to Orca Status on Hive

[davideownzall]

I see it hard to get to 1$, already a lot of people started power down when it got to 0,6$ to sell 🤔

Comments

[rzc24-nftbbg]

That's normal for many are taking advantage of short-term profits. I don't know the volume in other crypto exchanges. However, as I observe on MEXC, the volume is smaller during pullback and gets bigger when a run occurs. This to me points to a bullish direction. Besides, if the analysis that after the 2029 block reward will be tough, many will start accumulating HBD. We still have more or less 5 years to enjoy this window of opportunity.

!PIZZA

[davideownzall]

What will happen in 2029? Forgive me, I'm quite ignorant on this

[rzc24-nftbbg]

Here's the relevant statement from the article I shared:

After 2029 it is going to be very difficult as the Block reward will reduce substantially as evident from the graph.

[davideownzall]

Makes sense, reward pool will be very tiny by then

[rzc24-nftbbg]

And then by 2037, the inflation rate will be constant. If still alive, I will be 70 by that time.

[davideownzall]

That's way further in time, only God knows if we are still alive then 😅

[rzc24-nftbbg]

I am basing my interpretation on this article. I hope she got it right.