This has nothing to do with speculators. This is actually the opposite. It is part of fixed income market. It caters to a completely set of investors, or at least investment dollars.
Thus, risk/reward has to be taken into account. Will some jump a the chance for another percent? Sure. But at what risk?
HBD is one of the lowest risk opportunities out there.
It is:
- base layer so no third part counter risk
- no VC money involved
- no foundation or company running the blockchain
- no application involved in the savings program
- payouts in HBD, not some other native token
If people are willing to increase their risk, then they can hunt for greater yield.
Plus, another thing to keep in mind is this is moving in the direction of collateralization. When it comes to that area, the risk factors I mentioned are vital.
This is helping to open up an entirely new opportunity for Hive. Accessing these two markets, fixed income and collateralization, could move things in ways few on here can even comprehend. We are talking in trillions when referring to those markets, not millions or even billions.
Posted Using LeoFinance Beta