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RE: Proposed hardfork change to stabilize Hive Dollar’s tracking of USD value

in Hive Improvement3 years ago (edited)

Making the market dip means they would get less HBD. That's not a gain, but it could discourage others from initiating HIVE->HBD conversions. That's why I say it is only a denial of service (but that's not desirable either)

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Ah, right. I was still thinking about HBD->HIVE conversions. It still doesn't make sense to allow the median to be overridden but it seems like Dan N has come around to that conclusion in a reply to you.

Not exactly: I think the median should absolutely be overridden in the case where it provides better than the current price: the whole point of that mechanism is to avoid gaming by the converter.

But practically speaking, it seems we don't have a price feed that can allow us to do that.