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RE: Time to pull the trigger...

in LeoFinance3 years ago

The 20% can’t last. Not with this artificially peg that’s not holding at all. All the bumps back toward .99 cents are artificial. Which pushes Hive down to do so. It’s spending 70% of time below .95 cents. Be carful guys. I love this place and Hive is a important part of my life. But I think the switch in focus for many from Hive to HBD and promoting it as a sure thing for 20% Interest with little risk will end badly. I wish we’d fork it outta existence. At least not have this push to expend HBD as it’s own thing on exchanges, it would be terrible. I unfortunately will be right about this. It’s just math. Just be carful guys. The 20% Interest HBD story won’t end well. I don’t see it as a roof to survival of our platform but I will set us back. HBD currently being usher hard by many to get picked up outside here on exchanges. That would be terrible. Hive yes , that would be great but HBD rate isn’t safe at all, at least not staying with any kind of fake peg.

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I'm sure it won't last but have to take advantage of it while it is here. As a means to potentially draw in more crypto people I can see it being useful to have the 20% but long run I am sure it will likely bite us. I have to say I am comfortable watching the HBD value holding pretty close, there are far too many that fully break their pegs so +/- a couple percent seems pretty good if it can maintain it through this downturn.