That is not the case. It's profitable to convert Hive to HBD right now, not the other way around.
The people buying HBD are speculators holding it on UpBit. That is seen empirically: almost all of the supply is being held on UpBit:
That is not the case. It's profitable to convert Hive to HBD right now, not the other way around.
The people buying HBD are speculators holding it on UpBit. That is seen empirically: almost all of the supply is being held on UpBit: