Yea and HBD has been at $1.5 for over a day already. It might be of been fine around $1.10-$1.20 but its like nothing can push it back down.
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Yea and HBD has been at $1.5 for over a day already. It might be of been fine around $1.10-$1.20 but its like nothing can push it back down.
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Yeah, it's at $1.44 right now. When it started pumping, I recall thinking back on the old blockchain site: "Isn't this supposed to be around a buck?" I thought it was.
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Lol I wasn't on the old block chain but I honestly don't mind a pump now and then as long as prices correct in a timely manner. But HBD hasn't been anywhere near $1 lately so I feel like its doing the job of a stablecoin. As much as I don't mind a huge pump in HBD to exchange out for some cheap HIVE, it's kind of ridiculous if prices are unable to correct properly.
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Well SBD is insane when compared to HBD , we can see it often go upto 5-6$ and some steemit people lose their mind and praise it like it is BTC but they don't actually know what SBD is and what is its purpose .
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Lol yes . Only those who don't understand the concept of HBD will be happy to see it at that price .
I wish we can somehow fix it so that it remains around 1$ itself , it will help Hive indirectly because people like to deal with Stable coins .
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Yup seems like people are interested in HBD more than hive . I don't know why HBD price pumps , it should be lesser than 1$ ideally unless people love the 3% interest it provides.
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Yea the original HBD stabilization fund set it to drop the price of HBD until it was $1 or less. If HBD is less than $1 then you are getting it for a bargain. However if its above, then the peg isn't doing its job because there are less things to help HBD when its overpriced. I though adding interest would help stabilize HBD but it didn't.
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