increasing the price of the token?
Or is the price of the token solely based on wide adoption?
No.. hedera doesn’t do anything to manipulate the price of hbar. NEVER! Only growth you will see is organic growth. As you can read in above posts. The price will only rise if the demand for hbar is higher than the supply. The demand can grow by hot news items, bullmarket or for example the rise in demand for the token when companies need them to pay fees on the network. Just simple ask and demand
If demand rises, the price rises. If price rises, the demand reduces (since companies will now need lesser Hbars to make a transaction) If demand reduces, the price reduces. So basically, we need more than more use cases to be added regularly to compensate for the reduction in price?
When there are less hbar in the open market due to demand, that will make the price rise on way or the other. There will be a balance I think
I think that looking at hbar as fuel for the network is only 1 aspect. Hbar acts also as investment vehicle in expectation of future revenue and profit. Hbar can rise much higher what has nothing to do with the near term usage.
Always the voice of reason. Tell it how it is.
Honestly. It's really straightforward. The more transactions the network does (forget fixed fees), the more the price grows. So if use cases cease, and putting speculation aside, the price remains at the same level. I have zero worries about price.
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