How is HBD stable? It’s got the same issues. I’m team Hive all the way but HBD is not a good stablecoin. It will not sustain 20% rate. We should focus on Hive not HBD.
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How is HBD stable? It’s got the same issues. I’m team Hive all the way but HBD is not a good stablecoin. It will not sustain 20% rate. We should focus on Hive not HBD.
HBD is fairly stable on the internal exchange. That is where it is most liquid (and still not very). The price feeds on Coingecko come from Bittrex (absolutely no volune) and Upbit (completely closed exchange outside of S. Korea).
The 20% rate not being sustainable is completely false. If you want more stability, the supply is going to have to increase drastically. There is only 25 million or so HBD in existence. That is going to lead to a lot of volatility.
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“ There is only 25 million or so HBD in existence. That is going to lead to a lot of volatility.“
Exactly, meaning it’s not stable.