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RE: What is Causing the Additional Hive Inflation in the Last Months? Where Does it Comes From?

in Hive Statistics • 6 months ago (edited)

Doesn't conversion always consider HBD to be worth precisely $1? If you buy HBD for less and convert it, you earn; if you buy it for more and convert it, you lose.

Converting 1 HBD worth 10$ would still give you like 5.5 Hive at current price, not 55 Hive. Or am I missing something?

If I am right, then the market price of HBD does not affect the emission of Hive much, it's the Hive price what matters.

6 months ago in Hive Statistics by
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     6 months ago  

    Yes conversion always uses a value of $1 (except in the haircut condition when it uses a lower value).

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     6 months ago  

    Thanks :)

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       6 months ago  

      I guess I was wrong. Or at least my reasoning was wrong.

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