RE: π Saturday Savers Week 47 β All Flags Still Green!
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Many more people are unstaking and selling HIVE than are buying and staking it. HIVE's fiat-dollar price has been steadily declining for years now, so the present crypto downturn is only part of it. I'm almost certain at this point that this is an intentional effort to destroy the blockchain. πππβ¨π€
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I think that the more the price of the HIVE token goes down, the more people on Hive (especially influential ones such as Hive Witnesses and Hive Whales) should talk about some "unusual" methods to bring the price up, such as using the HBD on the DHF to increase the price of the HIVE token (like what @savvytester told me). πΈπ€―π€
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I think that burning all HBD in the DHF would help quite a lot. πππβ¨π€
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That seems to be a quick and effective way to solve the problem with the increased HBD in circulation !INDEED. π§ββοΈ
People on Hive who still would like to support Hive funding proposals anyway could do so simply by sending HBD directly to (or putting as beneficiary) the Hive account used for funding proposals. π€
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Exactly, and it's a wonder that it hasn't been done yet given Hive's current horrible economic conditions.
Yep, that could work too I suppose. πππβ¨π€
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