HBD only falls below $1 when the network has to haircut it.
The haircut occurs when the market cap of HBD is more than 10% the market cap of Hive.
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HBD only falls below $1 when the network has to haircut it.
The haircut occurs when the market cap of HBD is more than 10% the market cap of Hive.
This is theory I know very well.
Do You mean HIVE price is too low below haircut? Everything below 16 cents makes near impossible to HBD recover because witnesses signaling HBD/HIVE ratio too high. Conversion system is not efficient for prices we have now.
Yes, that is very accurate.
Sounds like you know what's up.
When Hive crashes too quickly HBD gets a haircut.