Did you know that pob maximum total supply is just 21 million and hive is circulating supply of over 250 million supply
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Did you know that pob maximum total supply is just 21 million and hive is circulating supply of over 250 million supply
Yes and this so because the people now prefer to have hive than pob. They have to be a way to restrict selling of Pob so as to give it value.
They don't have to restrict selling of pob before it have value trust me.
A time will come when pob will become very scarce and no body will wanna sell thier pob.they should not force it on them because it will still happen for sure.
Now let me clear you on something. If everyone is willing to sell pob today, what do you think that those that want to buy will do?
Let me give you this senerio to be able to know how the price of Pob has been coming down
If the prevailing price is $0.20 and there are lot of sellers, the investor may force the seller to sell at lower price because there are many sellers than buyers and before you will know it, there will be people who are ready to sell at the rate of $0.15 because there are more people who want to sell than those that want to buy.
These is the simple analysis of how price of Pob has been force to go down.