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molometer in Town Square • 15 days ago

Congratulations on your 10 year odyssey. I was on tsu too lol. It's funny how so many of us ended up on here.

I was thinking about this today. What happens if hive goes to zero?

I think I'd probably spin up a witness node along with a few other people and just carry on.

Like most people here I've created and run my own websites but something always went wrong...usually the hosting entity went broke or similar.

With hive it's different. Even if just two people run the infrastructure the chain continues. Maybe we can use AI to vibe code anything that needs fixing?

15 days ago in Town Square by molometer

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seckorama 15 days ago (edited)

Cool. It’s nice to meet someone else from the old days who’s here. Quite a few people moved here from Tsu. But their business model didn’t work out—it was completely unsustainable. Still, they’re among the few who actually announced that the whole thing wasn’t going to work out. After a while, I even got a link to download all my content.
I think Vibe Coding is already being used a lot here. But besides the technical development that AI can easily handle, there has to be something else. What exactly that is, I don’t think anyone knows yet.

What happens if Hive goes to zero?

Ugh, that's a tough question. Looking at what's happening with crypto, everything is falling a bit—basically approaching zero value. It's possible that this could actually happen. I almost can't believe it, though, because Hive does have its own economy.

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molometer 15 days ago

Hive does have its own economy.

This is true and the blockchain will continue emitting hive as long as it is running.
The amount of Hive on exchanges and the numbers of people powering down and sending more hive to the exchanges is baffling and quite strange.

Anyone with an once of sense knows that you don't add more supply into a market with zero demand.

Oversupply leads directly to price collapse. This is what is really happening. I've got a feeling that it's not accidental.

Selling at 3 or 4 cents means a buying opportunity for hodlers. 😎😂👍

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seckorama 15 days ago

I don't usually follow the stock market or what's going on there, but what you're saying makes sense.
!INDEED

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topcomment 15 days ago

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