An individual creating a threshold price value might likely help in containing this Continuous downward POB token price.
If not i fear for the price, the way is going presently.
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An individual creating a threshold price value might likely help in containing this Continuous downward POB token price.
If not i fear for the price, the way is going presently.
I'm not afraid. If POB nose dives I get discount POB to stake.
POB will be back overnight.
0.1-0.2$ should be the end limit for POB, from here it can rebound back. But I fear if we go below $0.1 mark that will create more pressure and might leave serious long term effects. Moreover I see POB is having an active daily trading volumes, people are constantly buying and selling, it ok for now as we have few top users constantly buying and staking. But how long that would be if we don't invite more support and better use cases. Also 21 Million supply is way to much and far ahead to go, we only achieved 1.5 Million now. Current Token Burn amount is below 1%, that should be increased. Recently Cinetv proposed Token Burn proposal, we might need to do the same in POB too. 🙄
I agree. 2 cents would be fine for a short time, but under one cent is trouble.
We have to get pobbing on the R & D. Personally I don't see any rush but we need to be consistent. So far I see no actual plans for any increased ecosystem or usage. If the is nothing done within three years then POB may be over. If we look around it is obvious that gaming, NFT and metaverse are where the tokenable internet is today. As for the future I get dizzy. The possibilities seem endless.
Burn sounds like an ok idea, but not good enough. One way to burn POB is promoting posts.
That's another sweer angle to this.
as of now #pob price is defined by the price order which an individual is willing to buy or sell, which is quite bad, pob should have its value which individuals can't manipulate
This present pob token price can be manipulated easily because there are a lot of whale hodlers and stakers in this token.
Out of over 1.4 million pob circulation, only the top 10 rich list hold half of the present circulation and only one person hold 20%.
Maybe that's some people's wish, but it is impossible as real money is used to buy and sell the tokens not imaginary numbers. An interesting thing to consider is the actual price of the token. If someone buys POB for 10 dollars today that is not the actual price you will be able to sell your POB for. The next day it can go down to ten cents. It just means a certain number of tokens were sold at that price. It doesn't reflect the entire value of POB but the value that one person felt POB had for that moment. That pump though would have an influence on the price for a short time. The value of a token is in how it it is used and by how many people and how often it is used. There is also value in the plans and ideas of a token. So POBs value is very much dependent on its users.