the only reason hive holds its current value is because of the 50,000 splinterlands players buying up tokens so they can buy cards
RE: If I Was Still On Hive
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If I Was Still On Hive
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Its the utility that they have from those cards that is one of the reasons that hive has value. stockholders DONT GIVE STOCKS THEIR VALUE. THE STOCKS HAVE UTILITY AND ARE REPRESENTING A CONTROLLING INTEREST IN THE COMPANY. THE EXACT SAME THING WITH HIVE.
https://peakd.com/views
Don't seem to work.
if you list hive posts by MOST VIEWS then nearly all of them are posts about SPLINTERLANDS
That's still one part of hive.
the overwhelming majority of hive tokens are purchased to serve the over 50,000 splinterlands fans demand for new cards
blogging is barely an after-thought
Do you have a breakdown to exemplify "barely an afterthought" and where does the reward pool factor into this?
the only real demand for hive is from splinterlands players buying cards
we know this because splinterlands players vastly outnumber active bloggers
the "reward-pool" only has the value it currently enjoys because of splinterlands
stockholders DO give stocks value
in the same way, account holders give a BANK value
if people lose faith in the bank
and withdraw their accounts
or lose faith in a stock
and close their position
the whole thing drops like a house of cards
That's speculation, value is there before the company goes public.
exactly like crypto