Something that just struck me. We all know that fees

Question

Something that just struck me. We all know that fees

are pegged to the dollar ($.0001 to $1). Thus when the price of hbar goes up, the number of hbar you need to buy per transaction goes down. This means demand is inversely proportional to coin price. Would it be possible that, at some point, this creates a stabilising effect on the price of hbar? An equilibrium as such? Surely as you start to get more transactions for your hbar this acts as a drag on price appreciation? Is my maths wrong? Stable fees are great for network users, but are they great for investors?

#cryptocurrency #english #hbar

0

05.11.2023

2 ответов

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Kas Per Автор вопроса

Referring to this ☝️. It's just out of interest, that's all

0

07.11.2023

Jeeptopdown · Accepted Answer

Jeeptopdown

Your thought process is correct. There will be some equilibrium but we have to remember network users buying HBAR to pay for txs is not the only price driver. For example - I buy HBAR, but not to pay for txs. And the low fixed fees are good for investors if the fixed price structure attracts more and more use cases/txs which will continually add to the buying pressure.

0

06.11.2023

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Something that just struck me. We all know that fees

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