The thing about HBD is that it's pegged to the dollar, whereas Hive isnt.
Only a month ago Hive was 20 cents, now it's 16 cents. That's a drop of 20%. So you need to make 20% on the curation just to break even and not make a loss. Whereas you will always make a profit with HBD savings.
Hive curation is only profitable if the price is flat or rising.
But all year it has been falling and the winners are those who converted to HBD as it fell, because at least the value of their money was protected and preserved.
You are right. HIVE participates in Price Appreciation but also Price Depreciation. Lately it has gone down.
But you can't help people out with your HBD the way that you can with HP when you vote for their post or comment. I like being able to help people this way. :)
Not only that, but I feel the probability of HIVE going back over 30 cents in the next year is over 50% so I am willing to buy under 20 cents.
No one knows if or when HIVE will go up or down. Same with HBD, BUT it HAS been very pegged to the dollar for a long time now. However it Could de-peg to the upside or downside and I put the probability of a downside de-peg at 5 to 10% within the next year. I think an upside de-peg is less probable than that. So with those probabilities in mind, I make decisions and live with the results. :)