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RE: Users Converted Over 1.2 million HBD to HIVE During the Dip this Month

in LeoFinancelast year

Based on your chart, now would be the time to swap from BTC to HIVE while the FOMO gang goes nuts. How are other altcoins charting against BTC? Is this trend exclusive to HIVE or more general among others?

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The chart shows a steady decline. If the is the result of a downward pressure from the high interest on HBD; there is no reason to believe that HIVE will pop in relation to BTC.

HIVE, along with all of the alt-coins on HE, probably would pop if the witnesses significantly dropped the interest rate on HBD.

HBD needs a 10% APR just to break even against USD inflation, but I wouldn't mind seeing a drop below 20%. To be fair, I am heavily weighted toward HP vs. HBD. There is some self-interest. Does the charted decline coincide with the HBD APR shift?

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