if we see legal regulatory framework passed into law, then the fireworks really begin. I'm sorry to say but retail BARELY moves the needle in terms of price action and they're the only players right now. Instutional money is a whole other level, we're talking billions upon billions and eventually trillions. And they're not going to be investing in Dogecoin/Hex ponzi schemes either. They'll be going for utility- real technology that solves problems & can generate revenue used by corporations. Hedera is on the road to being perfectly positioned. With that being said, I think $1 is going to be a lot further away than most people think. I could be wrong but life and the markets aren't handing over a 20X easily, you'll have to stomach the HODL and major price fluctuations but I believe it will come.
There won't be the explosions we got in 2021 but I do think there will be a gradual appreciation for projects with utility.
From your very explanation, my conclusion is that $1 could be round the corner. I expect things to very fast!!
1 BILLION HBAR, 3.48% of supply unlock coming up shortly. What effect do you think this will have on the price (if any).
I will bet you that 1 Billion HBAR that 1 Billion HBAR are not going to be unlocked in the next 24 hours. Here is the current number: 33,170,178,161.787 HBAR RELEASED Check on HashScan tomorrow and let me know what the new number is. https://hashscan.io/mainnet/dashboard?p3=1&k3=1693230007.957801015&p1=1&k1=1693230097.114370857&p2=1&k2=1693230099.967399191
https://token.unlocks.app/hedera-hashgraph
You owe me 1 billion HBAR
1.15 Billion, 3.47% of supply, $60.25 million dollars to be exact.
So hashs an should show 34,320,178,161.787 hbars released in total tomorrow?
Correct. Now, I don't think this is a bad thing they they're getting more HBAR's into circulation and certainly only some will get sold. But we'll see what it effects it has on price.
Except that website has incorrect information and they have been incorrect all year long.
Please explain how that's wrong. Everyone that I've read and listened to all seem to agree the token unlock is happening.
Because they all get their info from that website. Hedera advises what their quarterly releases will look like. It appears that website takes that number and assigns a single release date. The reality is those HBARs are slowly released over the entire quarter. You can see the true numbers by watching HashScan.io
You are not the first to fall victim to the false information from that website. This conversation has been had on this telegram channel at least a dozen times in the last year.
"Released over the quarter" does that mean they've already been Released in Q3 or will be in the next quarter (Q4)?
It’s pretty much a constant “drip”. For example, I think they released about 90 million a few days ago??? I keep half an eye on it, but I do t watch that closely. And when they are released, that does not necessarily mean they are headed straight to market. For example Swirlds received a few billion earlier this year as pay for services. That chunk showed up as released, but it went into Swirlds’ treasury and will be slowly sold over the next two years as compensation.
It's Fud. This is not an official Hedera website. Just like Coingecko and Coinmarketcap don't always have the correct data, not does this website.
https://token.unlocks.app/hedera-hashgraph How come it doesn't show 34,320,178,161.787 HBAR released overall?
Because this website does not have correct information. This has been covered dozens of times on this channel.
Can't someone from Hedera contact them to give them the correct info. Even better, isn't it about time Hedera put out a clear timetable of releases. At the moment we have an inaccurate third party website that is affecting investor choices. That doesn't sit right with me and nor should it with Hedera.
Starting to feel like it’s a big club and we ain’t in it?
My concern is the scale of the retracements after price appreciation. Even by bear market standards, it's extreme. To go lower than before the FedNow news is bizarre. Makes you wonder who is selling and the size of their holdings. We don't want to be exit liquidity, no matter how great the project is fundamentally. I'm usually really positive and will continue to be, but this is a fair observation.
Looks right jeeps was correct.. For the tenth time... Full disclosure... I was once one of the 10 😂🙌
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