First off, called it moronic. So take it all with a grain of salt.
Hive is going to go through a very powerful bubble known as a hyperwave. It's going to be driven by the fact that people are going to pour money into btc, eth, and a few other top coins, then they'll pour that money into lower coins, by the time it gets to hive it'll be a 200 coins that are bloated and fat looking for returns before it all crashes. When btc starts pouring in I'm betting it'll be at 100k USD. So, 1 btc would push the 15%. Someone with say 5 btc could double it.
As this starts happening it will cascade into a giant eruption in price before it all comes crashing back down as some sanity returns to the euphoria.
Have fun riding it.
If it even materializes...
Steem reached 8$. I don't understand why people say 80$ is impossible. Unlikely is more fitting. I believe in hive for the long term at some point it has to reach that price if it succeeds
that's true... The problem is that if bitcoin tops out this year already then I think a lot of stuff hasn't been implemented on Hive that we need to get more users and keep the momentum going. 1$ is kinda guaranteed, 10$ likely, 100$ is a long shot