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RE: Leo Talk 3/02/2021 -Come Join Our Chat

in LeoFinance • 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 in LeoFinance by
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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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