There is no guarantee that it does. It does however mean less Hive will be sold, and less sell pressure, so in theory it should reduce the drop in price. Although to be honest it is a drop of water in the ocean but it's better than more Hive being sold.
Again, it is all theoretical, the price can go up or down for any number of reasons, even none.
Thanks, now I have more things to think about when talking about the economy of tokens and how do they work. Because I always mentally tagged burn posts as just an attempt to change things, but now I know even you think it is a limited effort, but I guess is a good one, because one small drop in the good side of things is better than none.
If even you have no way of knowing or influence the market, then, there is nothing but theoretical ideas... Big hug, thanks for the comment :)
How does burning posts help the Hive printing balance?
There is no guarantee that it does. It does however mean less Hive will be sold, and less sell pressure, so in theory it should reduce the drop in price. Although to be honest it is a drop of water in the ocean but it's better than more Hive being sold.
Again, it is all theoretical, the price can go up or down for any number of reasons, even none.
Thanks, now I have more things to think about when talking about the economy of tokens and how do they work. Because I always mentally tagged burn posts as just an attempt to change things, but now I know even you think it is a limited effort, but I guess is a good one, because one small drop in the good side of things is better than none.
If even you have no way of knowing or influence the market, then, there is nothing but theoretical ideas... Big hug, thanks for the comment :)