You are viewing a single comment's thread from:

RE: What value do you bring to the chain?

in #value24 days ago

I'm expecting a price of $0.06 per HIVE.

damn that seems scary low. If you don't mind me asking what makes you believe that Hive will go to such a low? I am in the opposite boat. I hope that 1 Hive will be worth at least 5 dollars. But I have only a wishful thinking to support this.

Sort:  

Altcoins correct 80 to 90% when the bull market ends, so it depends from what level... To reverse engineer what Yuri says if we take 30 cent Hive at the average top of the bull market and divide 0.06 by .2 which is right along the lines of the 80% drop assumption then we get 30 cents for the average top of the bull market. Or in other words 30 cents * .2 = 6 cents

Because when the bear market comes, altcoins like HIVE will make a correction 2-3 times bigger than Bitcoin.