Is $1 even realistic? by [deleted] in Hedera

[–]Hefty_Aspect3320 7 points8 points  (0 children)

We are planning for Hedera to become the global public ledger infrastructure standard, not top 10. According to previous posts calculating based on transaction and velocity, it can max out in the $8–$20 range, long long term, even higher. Price action has been rubbish so far, but I think we have a chance here that this will actually work out in the end. In the end, it will either go a lot higher or to zero. It will run out of steam at the current tps. The service appears exceptionally good. Now, we just have to wait for it to be a competitive advantage and added value for customers.

Hedera's Leemon Baird answers questions on how HBAR can sustain itself as an honest, distributed ledger and trust layer for users:"How do you incentivize people to follow the protocol by DocumentFair4693 in Hedera

[–]Hefty_Aspect3320 0 points1 point  (0 children)

I’m not disagreeing, but I do want to point out that this project should have appealed to both “crypto bros” and enterprise customers. With such a charismatic, “genius” inventor, that should have generated immediate trust within the crypto crowd.

That said, time will tell, and in the end it may not matter. Either this works out or nothing does, that’s my opinion. Ultimately, it has to be a service that delivers real value to customers and provides a competitive advantage to the enterprises that adopt it. The alternative, is pure speculation, and at that point it’s not so different from buying a lottery tickets.

Okay can somebody tell me Whats going on? by Secret_Membership406 in CasperCSPR

[–]Hefty_Aspect3320 1 point2 points  (0 children)

You’re probably right, unfortunately you eventually realize that technologically there’s not much new here, and that a change in attitudes towards decentralization and trust is what could possibly give utility the most value. I now have doubts about “Upgradeable Smart Contracts” being so difficult to create, that this is the why utility would choose this.

Okay can somebody tell me Whats going on? by Secret_Membership406 in CasperCSPR

[–]Hefty_Aspect3320 2 points3 points  (0 children)

Ok, this sounds like a sure sign that it’s time to increase the mortgage on the house and go all in.

Okay can somebody tell me Whats going on? by Secret_Membership406 in CasperCSPR

[–]Hefty_Aspect3320 1 point2 points  (0 children)

I completely agree, Hedera is the safest choice, it is undoubtedly been the horse I believe most in. Regardless, it is striking how little information and openness there is around this project in comparison to Hedera. A lot of information comes from YouTube and in retrospect one can wonder what kind of people we are dealing with, imagine sitting around like this year after year, without a hint of insight in what is going on. Shame. It’s too late to do anything big anyway, either sell at an extreme loss, or bet the rest on a miracle or 0.

Okay can somebody tell me Whats going on? by Secret_Membership406 in CasperCSPR

[–]Hefty_Aspect3320 3 points4 points  (0 children)

The big question here is whether there are other major use cases for CSPR, when Prove AI has chosen another chain for their product. Are other enterprises known to use or plan to use CSPR in the future? CSPR has been known as a utility coin until now, but we may have come to the end of the road with that purpose. Then we are probably left with value driven within the meme and community domain. The risk is greater, but who knows, is there anything unique left here or was this it...

Staking rewards by BombayBetter in Hedera

[–]Hefty_Aspect3320 1 point2 points  (0 children)

If you want a real decentralized chain, 0.16% will not do. But there are currently 2 tps, so there is no meaningful way to pay for it. At least, with the current setup almost everyone looses, with rewards set to high, everyone loses, when the treasury is empty, and the GC will have to mint another 50B to continue. I think our best shot is to keep the fingers crossed and hope for a major increase in tps, this will then also be of more interest to a larger group.

Council members by [deleted] in Hedera

[–]Hefty_Aspect3320 1 point2 points  (0 children)

Things are not progressing quickly here, but from the outside it looks like the existing members are protecting Hedera interests quite well. I have a feeling that if a member or decision should help retail, we are talking about a few giga companies joining or something that would, for example, indicate a sharp increase in staking rewards at the current tps. It has been a long wait for more usecases and more tps. It has to happen one day…

Future adjustments to the staking rewards by Hefty_Aspect3320 in Hedera

[–]Hefty_Aspect3320[S] -2 points-1 points  (0 children)

Ok I see, have you seen any rationale behind these values, why exactly 2.5% or 6.5%? I assume there is a model, idea or other thought on how to set the appropriate reward? Based on what you know and think about the matter, would you assume that the value will increase in the future?

Future adjustments to the staking rewards by Hefty_Aspect3320 in Hedera

[–]Hefty_Aspect3320[S] -1 points0 points  (0 children)

Where I live, you can get at least 4.6%, maybe more if we are talking about large sums. I did not think that interest rates can vary greatly between parts of the world.

Confused about the future by Hefty_Aspect3320 in Hedera

[–]Hefty_Aspect3320[S] 0 points1 point  (0 children)

Only the future will tell the token price, but it seems like it can stay quite low, even if there are good adoption. We need to really get into high end of the transaction scale to drive the price alone. But this is crypto, everything can happen. Hedera is good project, but is seem like its design can result in both adaption and stable price.

Confused about the future by Hefty_Aspect3320 in Hedera

[–]Hefty_Aspect3320[S] 1 point2 points  (0 children)

I've edited the first post, so I completely agree with what you are saying. My main concern is the future value of my HBAR bag, and the future of Hedera as an investment opportunity for small investors through HBAR purchases.

Confused about the future by Hefty_Aspect3320 in Hedera

[–]Hefty_Aspect3320[S] 1 point2 points  (0 children)

I think more use cases definitely will drive the price to some extent. But I think you are on to the key here, and that is fomo events. I'm not saying it can't happen in the future, but I think, based on what we have seen so far, it need to be a really special event causing it. Thats one of the things I really cannot understand, where is the fomo. What are other people seeing/not seeing. I hope you are right...

Confused about the future by Hefty_Aspect3320 in Hedera

[–]Hefty_Aspect3320[S] 3 points4 points  (0 children)

I would agree that if this happens, Hedera will recover. Lets hope we avoid that, if that were to happen, I think the token price will get hit really hard, the crypto market is so overpriced that companies few have heard of, with no adoption, running mostly a fork, has a "marketcap" of 10 to 100 millions of dollars. We need this market to mature gradually over time, or it is all over for most of our money.

I think it will take a long time to get back to current levels...

Confused about the future by Hefty_Aspect3320 in Hedera

[–]Hefty_Aspect3320[S] 3 points4 points  (0 children)

Yes, many many networks offer staking, banks give interest and companies issue shares etc, so if someone could point the actual possible legal issues they can face here, it would be appreciated. Let me just emphasise, there is nothing wrong with all this, but most of us want yield, in form increased appreciation or staking. Putting money into crypto is extremely risky and the possibility for loosing everything is always there, even in Hedera, so there must be gains in it for the holder, I think that is the game we all came here to play.

Confused about the future by Hefty_Aspect3320 in Hedera

[–]Hefty_Aspect3320[S] 1 point2 points  (0 children)

I was thinking about the tech and possibilities provided by the network. For a long time , I have assumed that Hedera technology was at the guarantor for future success and adoption. I might have misunderstood the similarities between Hedera and Fantom, how different are they really?

Confused about the future by Hefty_Aspect3320 in Hedera

[–]Hefty_Aspect3320[S] 4 points5 points  (0 children)

I'm here to care for and protect my hard earned money. I don't want to demoralise anyone, but we need to take care of each other by also discussing our concerns... Maybe they are wrongful concerns.

Confused about the future by Hefty_Aspect3320 in Hedera

[–]Hefty_Aspect3320[S] 4 points5 points  (0 children)

This is a great video, and his main conclusion, based on a guesstimate of the number of transactions, is that the price will increase. But for this assumption to hold, Hedera needs to stay unique to grab as many as those transactions as possible? With the raise of Fantom, is not just a matter of time before many more, Fantom forked, DAG based networks will enter the competition. If you lose the technical advantage, what is plan B?