Again, I'm not math smart per se, but I noticed that on your @teamsmooth-mm account, that you're steadily buying up HBD. HBD's current price is $1.61. That said, how does all that buy pressure help to reduce the value of HBD down to a dollar? It almost seems counterintuitive to the goal of a dollar peg. However, it does seem that you are buying up HIVE on the @hbdstabilizer account, so that part shouldn't apply upward market pressure to the HBD. I mean, maybe what and how you buy crypto on your team account is none of my business, and that's fine if that's the case. I'm just trying to suss it out and figure out if I'm on Team Edward or Team Jacob. Are you a good vampire or a bad werewolf? Before you answer that, you should know that I have a thing for bad werewolves. So no more of that sexy numbers talk, like you did up there 👆, not unless you really meme it!
You are viewing a single comment's thread from:
The teamsmooth-mm account is a market maker that buys and sells in equal quantity. It just serves to add liquidity to the market. It isn't a net buyer or seller.
Good deal. Most of this stuff is way over my head. There are so many different accounts, players, and socks on the platform. I'm not one of the ones who can readily figure these kinds of things out. I appreciate you taking the time to answer my crazy questions, Jacob ; -)
P.S. Don't ever let anyone tell you scarves aren't cool, scarves freaking rock!