I think hive reaching around a billion dollar market cap is possible simply because other dpos systems have done this before. Steem did it. It's possible more money could come in and maybe hive could potentially at some point reach 2-3 bucks.. I'm not going to rule that out. I think it's very unlikely. I think for the most part it will always struggle to maintain $1 and i'm going to tell you why.

So mechanically and theoretically it seems it's plausible hive could achieve about $3. It's possible but probably not probable. Why do i believe this. Well i believe whenever you take into consideration the value of a project especially in cryptocurrency. There are a few key components and some factors are more important than others.

For example.. a good project in idea is good but a great believing community is better. A decentralized system is good but a well managed and efficient system that serves the needs of the people is better. So my belief is that hive can never achieve this based on what is i believe an early error created by Dan Larimer and although hive has evolved since Dan Larimer is early mistakes remain inherent in the system and is still the basis of the system.

That is the influence system. So if you look at a summary of everything decentralization wants to be. .Wants to be democracy, wants to be economic prosperity for all. wants to be equal voices and your beliefs matter. Wants to be lack of suppression and oppression all of this that this early mistake in dpos is not.

Make no mistake about it. Dpos is a top up bottom down system. Nobody wants to admit that but that's what it is. The problem is that markets work based on more than just mechanics and code. They work based on market psychology. This is where hive will always fail.

The market psychology will always slow hive down. I think you said it best when you made the comparison of hive being like a Monaco playground. i would forget all this expansion business. Hive governance model is much too flawed for that. The psychology of the people will never be able to overlook that. That's not because i want this to happen. I just know it has to happen because i study markets and i study people. Hive ignores many of the very basics of what it's going to encounter.

Bitcoin democratized crypto based on the technical levels of the miners and so did ethereum. Dpos is quite the difference but it's a difference that i think is still doing alot of harm and is the kinda achilles heel. So i think it's possible hive can moonlight occassionally around 1-2 bucks even 2-3 bucks.. However it seems it's legacy and inherent flaws remain everpresent. Unfortunately i'm not 100% sure how to address it. I thought it was maybe second layer approaches.. maybe it is maybe it's not. However i wouldn't bank on a $27 hive if my life depended on it lol.