POB is Pumping

Recently POB has been pumping. We were firmly into 0.04 HIVE/POB territory until a couple of days ago when suddenly the buyers ate through my 0.06 POB/Hive sell orders, my 0.08 POB/Hive sell orders and even my 0.1 POB/Hive sell orders.

Since Proof of Brain is in the 300 POB/hour generation part of its life. We get POB by blogging. It will be interesting to see when we go through a halvening in a couple of years when POB goes into a 150 POB/hour schedule. Generating new POB will suddenly become a lot harder. So there will be fewer POB to satisfy demand, but then there will be less incentive to stake POB to drive demand. Will the value go down, up or will it stay the same?

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The value should go up after halvings. Even though there will be less POB to earn, stakers should want to continue holding their stake to keep a higher percentage of the rewards that are left. Most likely these groups staking will be able to earn a hefty revenue stream just by selling some of the rewards if this is the case with demand outstripping supply, one can only hope. I'm glad I bought more POB when it got really cheap.