Can the value of pob still equal to one hive... if yes state your reason and if no state reason:
Of course @iyiade,
POB can be sold at a higher price than Hive. It is a matter of supply and demand.
Right now Hive is in a higher demand because many projects are being built on Hive and Hive is being used as an intermediate in the exchange of POB and many tokens on Hive-engine.
But it may not always be like this. As the supply of POB decreases and the use value increases we will find the price also increasing.
I see a possibility that the price of POB may stand at two Hive or more. It really depends on who is buying and what POB has to offer.
I know there are some who are looking forward to what POB can do. Me included^^
!LUV
Pob was once two hive but one of the reason why pob value decrease to I've is because of those panic sellers who are willing to sell their pob at a very low price without even caring which reduced the value of pob everyday to hive but I believe one thing,
After pob reach it's maximum total supply, pob won't be created to content curated anymore but there's a possibility that it is dollar that will be curated and if dollar is curated more people will believe in this project and join and the demand of pob will rise because people will be looking for power in order for them to also upvote in dollar and people won't want to sell because they will not want to lose pob power and that will cause scarcity.
Interesting. You are talking about a POB dollar?
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@insight.pob, you've been given LUV from @mineopoly.
Check the LUV in your H-E wallet. (2/5)
@mineopoly great response you have there..
Now the question is that,what can be done to make the supply get decreased??
I read from @leprechaun stating that the reward will be reduced by 50% every four years
You are right, the hive is higher demand and the price is increasing and decrease everyday.
I love the aspect of demand and supply that you mention. And i will like us to look at it one after the other.
Supply
The truth is that when it comes to supply. Pob has been highly supplied and this means without a corresponding in crease in the demand for it as many people now sell the pob instantly to get hive.
The increase in the price of hive has practically make it so difficult for many to choose pob over hive especially now that hive.
DEMAND
Many want to have hive now especially when the price is lower. Knowingfully well that price of hive has once been in $1.1 dollar the believe that people now have in hive is much as many is willing to have hive and wait patiently for when it will become bullish.
I am not sure the price of hive and pob can not be the same.