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RE: Hive Takes a Dip: A Friday Finance Post

in Discovery-itlast year

Let me do the math for you... That basically means if you were able to swap from HBD to Hive, you were buying Hive at around $.08 per token.

I had put an order at 0.15 in the internal market and it did not fill. How did you arrive at the figure of 0.08 ?

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HBD was worth $1.18, Hive was at $.26. HBD is always $1, so .26 - .18 = .08.

Basically it's the difference between the overage on HBD and the price at the time of Hive. It makes sense in my head.

But you can use the overage on HBD on only one hive and the final effect is not much:)

Maybe, all I know is that I got more Hive than I usually get for a smaller amount of HBD than I usually swap.

But when you swap, it takes 3.5 days, right ? And if the price changes, that would take effect ?

Nah, I just used the Hive internal market. I didn't do a conversion. https://hivehub.dev/market/swap