A while back, I was chatting (among others) with one of the main Witnesses () about the Hive price, how to take care of it, and why it's so damn important. I heard something like this from him back then: The price isn't important; what's important is the Market Cap. So, we shouldn't worry about price drops, let alone the ramping up inflation and increasing token production. The key thing is to have a big and growing market cap.
That opinion didn't really resonate with me; hell, I considered it flat-out wrong, but I was still open to it anyway. I figured maybe someone with more blockchain experience understands the financial stuff running this little micro-world better. Maybe.
And so the joyful policy of printing Hive like crazy continued (and still does). The Hive price is tanking (dragging down the value of my Hive investments too), and what about the Market Cap? Well, it's not much better. It's also going down...
After all it looks that I was right.
Now... are we still going to ignore the revved-up Hive printing presses and the price drops...?
If nothing changes, I'm afraid we're headed for a collapse here... and our precious blokchain with great Ideas and amaizing history will Fall...