We’ve seen the internal price slip a dime also. Not as often as the main market cap average we see do so almost 90% of told be .95 on average, but as indeed saw internal market be off multiple times past months. The devs proclaim HBD will be the Bitcoin networks stable coin soon, it’s laughable. I love Hive but no HBD peg is not going to survive next couple years. Maybe the tiny volume helps us avoid a total collapse the way it usually does down but it is not very stable and the peg is not dependable long term. the way HBD is promoted by many here as a non risk soon to be largely used by many venders is ridiculous and laughable. It has had its place but these nonsensical fantasies while give us .069 cents and down 98% from its $3.35 high which we didn’t get close to this past cycle, is not in a good place and us who really love hive should be only admitting this so we can make changes, instead it’s just more “everything is great” 🙄
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0_0 Wat?
And has been vigorously scammed, at least in Nigeria. Vendors aren't adopting a stablecoin that costs them money to turn into naira, yen, or dollars unless that decrease in margin is compensated by increased volume, and a platform with ~2k users isn't going to increase any vendors volume.