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RE: Some speculation on HBD price movements and how it impacts proposals

in #hive4 years ago

Can we have HBD listed on more exchanges and markets ... this will improve the market efficency and help the price.

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Getting HBD listed on more exchanges is not easy right now, because it does trade at a low volume, so the fees from it aren't that interesting to most big exchanges. To change that, we need to increase the utility I think, and for that, we need to tighten the peg (which is what we're working on now, of course). With a better peg, a larger supply, and the creation of more services that accept HBD as a payment mechanism, we will have more reasons to convince exchanges to list HBD.