the price? understand the coin is deflationary but in short term if it stays at .40c who wants to purchase it?
Where did all the buys come from when hex was $.20?
hex is inflationary, coins are minted out of thin air when stakes end
uhhh i don't think that's true...
The correction at $.18 went on for 4-5 weeks and it went down below $.10. There’s always going to be people taking profits. It’s better we’ve had a month long correction instead of going parabolic and shooting straight up cause then the price would really dump. Hex has done this 10 times or more. It’s a slow and steady climb up and it has been for the past 2 years
Then why are you asking why hex hasn’t pumped yet?
I never asked why it hasnt pumped at all, I said where are the new buyers going to come from if the price stays at .40 until the end of the year?
I’m guessing from people who want to buy hex
Yeah they are deflationary in a way. tshares always go up in hex terms so they will eventually become prohibitively expensive thus making them harder and harder to acquire, making them deflationary.
This is pretty relieving to hear!!
Enough that the liquid keeps up with the sellers?
I think it’s mainly the average $100+ eth gas fees that are stopping some from buying right now
We need pulsechain stat! The good thing is that these stupid eth fees are just bringing more people outside of hex to pulsechain. Ethereum is shooting themselves in the foot big time. By the time eth 2.0 comes out, pulsechain will be massive
I certainly want to purchase hex at $0.40 I hope it’s still there in two weeks so I can buy, but I think that is highly unlikely.
Even if it’s at $.60-.70 it’ll still be a good deal in the long run
Absolutely, I’ll be buying up to a few bucks.
Optimus KevTron (410) has increased reputation of Fishing.On.Saturn (21)
To be precise, HEX can be either inflationary or deflationary. While it is deflationary in the last couple of months, this may not necessarily last forever. There will certainly be many inflationary periods.
inflationary times would be when large amounts of stakes are ending?
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