You are viewing a single comment's thread from:

RE: Use Hive's Internal Exchange To Get HBD

in LeoFinance2 years ago (edited)

Anyone can create unlimited HBD at 1.05 by converting HIVE. So any big pump in HBD past the peg not only results large amounts of HBD being created quickly, but in enormous HIVE demand, making HIVE deflationary and sending the price moonward. This has happened in the past, and may happen again.

Sort:  

This has happened in the past, and may happen again.

We can only hope. That would really open the doors.

Either way, there are a lot of pieces in place. Over time, we simply will see the amount of HBD keep increasing, especially with the attention it is now getting.

After being completely overlooked for so long, it is refreshing to see action being take surrounding it.

Posted Using LeoFinance Beta