Nothing prevents all the witnesses from claiming that Hive has a price of $10. They could do that right now if they wanted to, but they choose not to. You might be wondering what would happen if they did;
Besides what you wrote, I'm guessing that it would really stir up our Bee Hive 🤣
I'm glad to know about the instant HBD liquidity, thank you :)
This post has been manually curated by the VYB curation project
Back in the day this was talked about as a valid strategy in case we wanted to artificially print more HBD without any core code changes. Today it wouldn't work because of the ability to convert Hive into HBD. If the Hive network thought Hive was worth more on the outside then it would completely muck up this entire conversion process. But I thought it was interesting history to mention.
It was definitely interesting - I just wish that I was better at predicting Hive prices.
Don't we all.
Hive is the most unpredictable token I've ever tried to analyze.
I wonder what makes it more unpredictable than others???
!PIZZA