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RE: Looking at picking up a few more HBDs at current prices...

in LeoFinance6 years ago

The peg doesn't move. The peg is always supposed to be $1. However, due to the fact that these things are trading on external markets, market dynamics take over and the actual price sometimes (often?) varies from $1. The fact that it does tend to go back to $1 on a long enough timeline can offer some trading opportunities though.

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Oh okay @jrcornel...Thank you for the clarification Sir. I always wondered why we even had the SBD/HBD pairs. And not just sticked to one token...But, I guess that is the way that the system/blockchain was constructed in the beginning. Interesting all the more:)