RE: Happy LPUD Day and a Question
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oh my... my main account signed up to steem in 2016 and has a five digit userID... so I've been around almost since the beginning.
my short sentiment on the market cycles is that the bear market is a good time to build... and the try to sell to the bulls.
as per HIVE specifically, it's tough to say, this is the only blockchain with a dedicated organic community of users that's more than just a marketing audience of speculators... especially since the infamous tron fork... seen from that angle, this project won't die anytime soon I think.
It doesn't help the price, though, that we have a huge inflation and hardly any token sink, well, actually none!
I do see 50ct in the next bull run... maybe even go to around a dollar if things get crazy... but in the long term i think hive prices will trend down.
at some point the technical debt of running this huge monster of a blockchain (in terms of gigabytes) and maintaining an infrastructure of well specced RPCs might become too costly. Eventually this chain will die... but it's going to take a while I think.
I appreciate your opinion and I value the fact that you have been here even before me!
I mostly agree with whatever you have to say, and even if the chain itself stops functioning, I am sure that the devs/witnesses will figure out how to resolve this
!BEER