already built at scale on other chains?
That tech isn’t up to it, they’ve tried.
So maybe a different formula works to attract enterprise?
Enterprise were attracted, just the tech couldn’t meet their needs.
Imho we don’t need a different formula, bc the difference between others and Hedera is that Hedera IS ready. So this formula works 🤷♂️ What would be the formula you would go for? But i have to say the reason why Hedera is where it is rn from a financial perspective lies in the past, this tweet of Shayne is very telling: https://x.com/shaynehigdon/status/1770935125527716259?s=46
The price of crypto is set by the crypto crowd and the crypto crowd does not like the Hedera narrative of big companies running the show. That narrative is not going to change - the GC is always going to run Hedera and they are always going to lean towards following the rules. IMO, Hedera will be successful with regard to price only when they appeal to the most fundamental attribute of the crypto crowd - greed. When we have enterprise scale transactions being paid for with HBAR that has been purchased, there will be some level of positive price pressure put on the market. As that pressure increases through more demand (more enterprise buying and using HBAR), the crypto crowd will see positive price action and abandon their prejudices and jump on the greed train. Nothing moves the crypto crowd like FOMO. Outside of some mega blockbuster announcement (nvidia or Tesla/spacex or Apple) I don’t think anything will move the price appreciably until HBAR are being paid for by enterprise.
How do you explain the run up to almost 60 cents during last bull
Sorry, I meant price movement independent of the market. It’s going to ride up and down with everything else to some extent, but I don’t think it’s going to break out significantly without HBAR being purchased on the open market by enterprise. It is the “prove it to me” token of the crypto world.
That’s exactly right. Fear and greed will drive people to Hbar eventually. Fear of the realisation that markets don’t give a damn about projects that are not Fit for Purpose, and greed when they see where industrial scale markets are going.
Обсуждают сегодня