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RE: HBD Stabilizer, Just like Quantitative Easing for Hive

in LeoFinance3 years ago (edited)

Though many accounts can be confusing to look at, I can assure you the OCD accounts are controlled by therealwolf.

You must know more than me. Never had anything to do with OCD. Feel free to enlighten me.

However, I can assure you that I have no intention of reducing the rewards for other authors and if you take a hard look, you should see that I'm actually voting quite conservatively on HBDStabilizer posts; and not even voting on comments; all of which I do support.

The idea behind HBDStabilizer is to use the peg above 1$, not to purely "stabilize the peg", but to also buy HIVE from the internal exchange for HBD (incl the HBD earned via posts/comments), which ultimately is good for everyone due to increased buying pressure and an actual deflation of HIVE.

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Thanks for responding.

I guess I misread the format of your dapps domain. It says you're the developer in all the footers and when browsing the OCDB project page it says "developed by therealwolf" but I guess that's the domain, not the project.

https://hivedapps.com/apps/ocdb

Do you know who has the keys to the OCDB accounts?

Oh, never read it that way, but I can see how it could give the impression. No, I only created the hivedapps project.

Would you like me to remove you from the post? This is about inflation and problems with quantitative easing more so than who did what, I don't want to see a run on the banks from these 3 accounts.

Is that a concern you also share?

I do not have any reason to trust @timcliff and he is the one who enraged half the community with his ignorant views on the Justin Sun acquisition of steem. I see this as a threat to network security and financial security on Hive.

(Repeating the same comment from a similar thread)

I do not have any reason to trust @timcliff and he is the one who enraged half the community with his ignorant views on the Justin Sun acquisition of steem. I see this as a threat to network security and financial security on Hive.

I was against freezing Justin Sun's stake. I did support blocking his account from voting for witnesses because of the security risk it posed to the chain, but I did not believe it was right for witnesses to freeze anybody's assets. That is still my position today. I have always believed that the best solution was for the two parties to try and work things out, and if that was not possible, then to go their separate ways (i.e. fork).

was against freezing Justin Sun's stake. I did support blocking his account from voting for witnesses because of the security risk it posed to the chain, but I did not believe it was right for witnesses to freeze anybody's assets. That is still my position today. I have always believed that the best solution was for the two parties to try and work things out, and if that was not possible, then to go their separate ways (i.e. fork).

I've been thinking about this for a while and I think you were correct. After all, the potential outcome would have been the same with/without the freeze, while the freeze opened Steem up for the "hostile attack".

Thanks. It is really hard to say how things would have / could have played out differently. There were a lot of moving parts, hehe. I still stand by my decision (even though it cost me a top witness spot). I do 100% get why everyone else voted the way they did though. The way everything played out worked out really well in the end, because there was a very clear "us vs. them" decision to make and there was a lot of publicity around what happened. I do think that helped ultimately make the Hive launch successful.

Yeah none of us seen that one coming. Can't blame you for a knee jerk reaction I suppose it caught us all off guard.

I'd appreciate it if you'd remove what's not true.

In terms of trust: only @smooth has the keys to the HBDStabilizer account. And while I can certainly understand your frustration reg. the whole Steem situation, Tim has been around for a long time and I don't think there's any reason not to trust him.

At least it's only smooth who can do damage and I have no reason to not trust smooth, but people who sympathize with Chinese communists (not to be confused with good hearted Chinese people) that's a unforgivable offense. Tim probably didn't consider the Geopolitical implications of being neutral with a Jack Ma prodigy.

Well I already regret knowing @smooth, he must identify as a communist if he is unwilling to discuss this. As usual I find out, it's my way or the highway and we can all play that game @smooth.

@rawbe @frot @darkflame @unorgmilitia @antisocialist you guys can comment on this too, I'd be interested to know what you think of @smooth who is not willing to debate his ideas.

Well.. I love discourse, not discord.
I kinda wanna do a post about the hive devs/“leadership” in general.. but that is way outta my league, as I am just happy to be here, but yea. Other than that, it just seems like most people here know how to play the game a lot better than I do.. I mean shit.. now I know to stack my HBD in case there is an imbalance and then somehow I profit! So I wonder who knew this before hand, because the day it hit $2 it was like everyone was sharing the info on the “Meta” strat.

And I’ve been powering up and converting my shit this whole time.

Idk.. I’m the guy who dosnt read the fine print, or terms of service.

I wouldn't power up in a bull market, but that's just my view. It's much better to power up in a bear market and to accumulate as many tokens as possible and be as liquid as possible in a bull market. Powering down takes 13 weeks. A huge pump & crash can happen within a much, much shorter timespan.

I am not a fan of fine print either. That's why I had to red flag this because I don't feel like reading a bunch of developer logs.

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Images haven't been showing up all day but I'll check this meme out tomorrow