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RE: Upvote this post to fund @hbdstabilizer

in #hbd3 years ago (edited)

The impact of @hbdstabilizer is not within a vacuum. We can only compare to 1) previous Steem bull runs and 2) the current Steem bull run, which is a near like for like project technically if not socially.

HBD is tracking much closer to $1 than during 2017 crypto bull market and compared to current Steem bull run. It's also a simple function of basic economic principles that it should work this way.

Do you think the speculators are aware of hbdstabilizer?

I think the speculators are mostly clueless, and @hbdstabilizer exploits their inefficient pricing to the benefit of Hive stakeholders and speculators. All we can do for those HBD speculators is to inform as many people as we can about HBD and how it works, so that they can make more informed decisions. I actually think the stabilizer being on the front page every day helps raise awareness to the benefit of preventing HBD speculators from making bad decisions.

And, is it the case that the higher HBD goes, the more HIVE is bought, and in the long run this project will have a positive influence on HIVE price?

Yes.

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Thanks.

I hope that most of the Hive community is aware of the project. Not that I would normally be speculating on HBD, but hbdstabilizer is another reason not to.

However, I will be holding what I collect due to what I saw in previous Steem bull runs where SBD reached multiples of STEEM before STEEM took off.