With the pressure created by hdbstabilizer, I personally doubt HBD will go so high. But it depends on how much money the speculators have, and how much the hdbstabilizer can work against it. HBD did briefly make it over $3, but there's more funding for stabilizer now. For myself, I'm trying to avoid holding HBD right now. I plan to continue with that strategy as long as it's much over $1.
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Let's hope they have a lot. I'm enjoying my percentage stake in Hive increasing due to the stabilizer purchases pushing Hive current supply into deflation.
Is the stabilizer burning hive?
It sends it to the DAO, which converts it to HBD and stores it in @hive.fund, where it can't be accessed without stakeholders voting it out via a proposal. Essentially locked up. The HIVE that gets converted to HBD this way is deducted from current supply, so the numbers have been going down today (see @demotruk comment elsewhere on this thread).
Yeah, but you have to agree its tempting for many to hoard HBD and just watch it moon... The only reason im not sending it to upbit its because i really dont like or trust that exchange...
To me, it's not tempting at all. But I realize I invest in crypto with a different attitude than most.
Exactly I dump all of my HBD as I know the goal at some point is it will be worth $1. Are there details as to when the HF will take place and what is so far approved for it? From what I remember this was a once of year thing? or are there plans to do it more frequent ?
I'm hoping we can keep to HF every six month for the near term, but it'll depend a little on the scope of the specific HF. If there's something big, could take longer. We will scope out next HF after this one is done.
I've got a post that describes most of the planned changes by my team (roadmap post under my account). howo has a post that describes his changes.