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RE: Does the economics of supply and demand work for Tokens on Hive?

in Silver Bloggers2 years ago

But my point was when there are enough buyers but people don't see it and they are selling cheaper than need to. Example: a brick and motor store has a line up outside for people wanting to by a widget. So the owner decides to put it on sale. Makes no sense

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It rarely does! Unless he is looking to use the discounted widget to upsell a higher value product.
The same with stocks. Most people (institutional investors and retail investors alike!) are more likely to buy a stock that is going up than one that is going down. Irrespective of the economic performance of the underlying company.
In the case of Hive tokens I suspect many sellers just want to get their "cash" rather than spending some time doing their own research. Even if this is to their detriment.

Make sense but is sad indeed.