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RE: Debt Amplifies Dips

in #cent2 months ago

Also, my understanding of the conversion process is that you get some kind of average based on the price over the three day conversion period

The conversion is not a guaranteed profit as the HBD stabilization fund also reacts to dips in the price. I play the conversion game simply because it supports the HBD peg.

BTW: I like your cost averaging technique. People who are doing what you are doing actually support HIVE as you are a buyer when the price of HIVE is weak. I would be doing the same, except I think the excessive interest hurts the platform.

I've been putting all of my excess HIVE into HIVE-Engine where it simply disappears.

!LOLZ

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I hope Elon Mush never gets invloved in a scandal
Elongate could be really drawn out.

Credit: mrhuman88
@darth-azrael, I sent you an $LOLZ on behalf of yintercept

(1/10)

PLAY & EARN $DOOM

Lol, I also put some into Hive-Engine, largely via delegations but yeah, it seems to act more as some sort of voluntary Hive taxation system.