Hive's decentralization is going to work to its advantage.
Keep loading up on HBD and get it into savings. That is going to be a coin that ends up serving a bit role in cryptocurrency.
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That's the plan!
Do you think the interest rate can go even higher to like 12 or even 15%?
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It could if the witnesses want to increase it. At the same time, we need to make sure the HBD doesn't go past 10% of HIVE's marketcap.
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That can't happen I guess.. it's hardcoded, isn't it?
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If it hits 10% of the marketcap of HIVE, it stops printing HBD.
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Yea, I remember Dan talking about it on the show. We're covered on that basis then
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It is a safeguard to not let the system be overwhelmed with debt. If the price of Hive skyrockets, that could allow for the creation of a lot of HBD.
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Fortunately, the market cap of Hive is increasing with the price drifting higher.
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I have a feeling it will. The witnesses are going to move it up at some point. My guess is we see 12% next.
No idea when that will happen though.
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I think so too
Some of them have moved it to 12 already I believe so hopefully others will follow
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Need to get some 14% or 15% ones in there. I believe it is the medium average of the top 20 witnesses.
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Yea its been a while but I see HBD above $1.1. How long do you think it will last?
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The HBD stablilizer is out there buying a ton. @dalz put together a post about that today.
Sadly, it is one exchange that pushes it out of kilter. It is actually pretty well pegged on the internal exchange.
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