For a while since HF25 HBD was maintaining its peg to USD, fluctuating betweem 0.95 and 1.05 as designed. Recent events caused HBD to go as high as 1.20 or even higher than that. That's great for a regular coin or token, but that's alarming for a stablecoin.
See @magnacarta's comment. He explained it better than me. @smooth and folks are doing their best but them folks that trade on those Korean exchanges keep mucking up the works!
I think the destablization of the HIVE Backed Dollar (HBD) is a conspiracy with the STEEM blockchain in collusion! It is making the dogs gay damn it and I don't like it!
Call out the National Guard, La Guardia Nacional, the Legion Estranger, MI-5, Interpol, the Girl Scouts, and all the folks. This shit (HBD pump and dump) is worse than PIZZAGATE and should be termed STEEMYGATE!🤣
For a while since HF25 HBD was maintaining its peg to USD, fluctuating betweem 0.95 and 1.05 as designed. Recent events caused HBD to go as high as 1.20 or even higher than that. That's great for a regular coin or token, but that's alarming for a stablecoin.
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See @magnacarta's comment. He explained it better than me. @smooth and folks are doing their best but them folks that trade on those Korean exchanges keep mucking up the works!
I think the destablization of the HIVE Backed Dollar (HBD) is a conspiracy with the STEEM blockchain in collusion! It is making the dogs gay damn it and I don't like it!
Call out the National Guard, La Guardia Nacional, the Legion Estranger, MI-5, Interpol, the Girl Scouts, and all the folks. This shit (HBD pump and dump) is worse than PIZZAGATE and should be termed STEEMYGATE!🤣
#conspiracy #schubes #rant #satire #lamehumor
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When the algorithm for HBD maintaining its peg was written, I don't they had this scenario in mind. It's not easy to address this via code.
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Oh, and have some !PIZZA too. I have not given away all of my quotas today!
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$PIZZA@taskmaster4450le! I sent you a slice of on behalf of @leopuma.
Learn more about $PIZZA Token at hive.pizza (1/10)