One of my biggest wish has been for hive to get to $1. My reaction would be epic. I think I would jump for joy. I would be so happy. It would be such an ecstatic moment.
I know that for hive to get to that amount in price, something major must have to happened. More people would have to be aware of hive and invest in it. Maybe hive could get some massive popularity that would drive more adoption.
Another thing I think that may drive the price to a dollar is that something huge is built on the hive blockchain to drive more utility and ultimately drive adoption of hive.
The economics for hive, and any other token to rise in price is simple. There has to be demand for it. For there to be a demand, there definitely has to be some utility, and some popularity as well.
Like many people on the hive platform, I have some amounts of hive kept. I would sell some of my hive if the price went that high. Then I would hold the rest.
It's also important to note that such a massive pump in price would mean that accounts with high amounts of hp would become so valuable. Imagine already having thousands of hive power and hive gets to that price. Curation would carry a lot of weight. People would have accounts worth thousands of dollars. It would be the perfect attraction to the hive platform.
I know that within me, there will be questions if that would be the top for hive in terms of price. So I'd like to benefit from that by selling half of my holdings. I'll hold the rest in hopes that the price would go higher and position myself properly. I definitely would power up as well. It's a crucial aspect of growth on hive.
I do believe that the hive price could go higher. I think when more people become aware of the use cases of the hive platform and what it offers, hive would soar way past $1.
That surge in price would only increase my drive to create amazing content on hive because I know it would be a worthy investment.
Check out this week's Indiaunited prompt here
