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     4 years ago  

    I am unsure. I guess it does give some incentive to hold.

    But HBD hasnt performed who it should have since I joined. However, with the other changes, maybe they can get it stabilized. They are using the DHF to try and do that.

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       4 years ago  

      Well Marky has stated in the post saying it is a measure to make HBD do what it is supposed to do - that is stay at 1$ . I think this is a good move - not a drastic one - but a positive one.

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       4 years ago  

      That is one of the reasons for the actions being taken. No way to know if they will work but they are trying to stabilize the price of HBD.

      For it to act as a stable coin, this needs to happen.

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         4 years ago  

        I think it's good. At least people won't dump it as soon as they get it. However whether or not it can stabilize HBD is unknown. The huge swings aren't exactly helping it as a stable coin. I think there is a liquidity problem as one whale can just force prices down or up.

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           4 years ago  

          True . I see people getting happy and posting about HBD price pumps but that isn't good either , if it is priced at 2$ on the market then we shouldn't be happy because it is not fulfilling its purpose .

          I think there is a liquidity problem as one whale can just force prices down or up.

          I think so too , that's what is happening with SBD.

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