Yes you read that right! this post is not cheerleading for the POB token - It is a prediction and warning , many will not like to hear this but its highly likely POB will crash in price. But why??
Well as far as I can see POB is massively over valued, one decent vote from @proofofbrainio and you effectively have 15 dollars worth of POB at current levels, and in many parts of the world 15$ is too tempting to not sell. In fact POB is probably undervalued since as far as i can see it does exactly what hive does but with a 21 million hardcap! but it is also much easier to acquire than hive...
In fact user @nirvana3003 has over 1000 liquid POB (with another 500 coming in the next 7 days), and they have also said in one of there posts how they want to start living a day a week from hive,leo and POB token sales. Now there is nothing wrong with this, who wouldn't want to live from crypto takings? But the fact is this user has not staked anything and has enough liquid POB to crash the market over 20% on their own today.
This is not a "call out" since this person has not done anything wrong, but it is an observation that POB tokens are too easy to acquire for their current value. I do not blame them and they will not be alone.
Due to the proof of brain mechanism pob needs to be spread, So its interesting to see how this will play out long term.
Your vote is yours to do as you see fit! your stake grants you that right. But I for one will be watching what people do with their tokens and giving thought before I cast my upvote.
Good work should be rewarded, as should actions towards supporting the tribe long term. We are in such early days I do hope we look back one day and laugh about how insanely easy it was to acquire tokens back in the early days.
Its not all doom and gloom, I really do feel long term POB will do well.
Your vote is valuable - use it wisely!