@hurtlocker read this post, especially when it talks about conversions and the inflation projection for the year if the rate of the last month is maintained.
@hurtlocker read this post, especially when it talks about conversions and the inflation projection for the year if the rate of the last month is maintained.
Yea the lower Hive gets the more expensive the conversions. I think the price of Hive is important mostly because of HBD.
I mean the price is also important because it impacts sentiment and then sentiment impacts price which is not a great feedback loop imo.
We must declare inconvertibility and lower the interest rate to 3%.
If you cannot convert then HBD is kind of useless.
On the interest rate, the interest has gone down some but not has much as it probably needs to. They should def slowly reduce the APR though. A giant reduction in the APR could just lead to a whole bunch more conversations.