@redacted_noah Guys the expansion will be led by commercial deployers with existing infra and individual deployers like us will be paid to fill in the gaps
These gaps will be chosen by carriers themselves and for valuable coverage they will be willing to pay extra, no chance to stop expansion
@cryptowrldxbt Once supply is gone there is no price ceiling
Its not even going to be based on market cap
It will be spot price daily like oil, literally driven by scarcity
Fun fact - usage side of the network will pay any price per token since they convert usd to data credits
@Crypto_Assessor@helium Helium mobile is simply a subscriber /user list
Noble gets access to a cheaper, better, wider coverage through helium network
Originally they were renting coverage from T mobile
Theres no risk for them to jump to β another carrier β as thats where they migrated from
@vik0nchain@amirhaleem@helium_mobile Literally once we burn through supply the price will moon like nothing else we have ever seen. But this will take about 3-5 years and the best thing that can happen now is the token keeps crashing because that increases the supply burn
@Zepzi@tulipking Keep doing DCA, price will moon once we burn trough circulating supply and the lower the token value the sooner we will reach the point of no return, where price will keep going up
@RezNet_LLC@sourceshipsell People fail to realise that the actual tokenomics of helium are so unique people cant even comprehend. Token is not meant to β speculate β and it works exactly as created, once supply is burned there is no limit to token price and market cap also is meaningless
@BidAsk_Spread Its all about circulating supply, nobody needs to hold the token to use the network, end user pays in USD
Only when supply will burn down to 20-30% or maybe even lower there is a speculative opportunity because the price will moon. Token price has zero influence to the network
@BidAsk_Spread@BobGroyp@amirhaleem Its literally scarcity
Constant sell pressure from all of the miners, non stop. Its not bad, its how real world works, people mine to cash out.
Network is run with USD first, hnt second
So until token becomes scarce, there is no reason to hold the token hence no buy pressure
@daddyklown@amirhaleem@helium@solana You dont understand a sinple concept, network runs on usd, the data credit price is pegged to usd
The crypto tokenomics are based on scarcity
At the moment hnt token is not scarce because theres 150m+ in circulation
Once we burn through most of it, then token will moon
@Veysi1246810@amirhaleem@helium The token price will catch up only when circulating supply will be much lower. Id give it another 3-5 years assuming they open data offload outside of USA. You have that long to stack and dca, the fact that token price is on the floor is good, the lower the better actually
@Veysi1246810@amirhaleem@helium Usage price is pegged to usd and not to hnt, data credit has a set usd price. Thats what i mean when i say you pay usd for usage. And because of this, until hnt token is scarce, theres no reason to hold it
@Veysi1246810@amirhaleem@helium β some people β are miners, constant sell pressure
If im network user, why would i buy hnt token when i can just keep paying in USD? I dont understand what is so confusing about this. Its either scarce or not, 20% burned or 30% makes no difference, toke is either scarce or not
@Veysi1246810@amirhaleem@helium Because of the same reason - scarcity. Buy backs didnt work because it made no real impact on circulating supply. They would need to buy back for years, its not sustainable