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RE: Hive Green Candles in Uptober

in Proof of Brain • 9 days ago

Thank you for a good analysis. Can I conclude that HBD is bad for Hive, even though I find it helpful?
You know I'm not up to date...

9 days ago in Proof of Brain by
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         9 days ago 

        Yes I would say so.. the HBD debt is nearly 60% of the market cap!!!

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               9 days ago 

              Would an immediate conversion to Hive make a difference? Is this even possible in the current situation?

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                     9 days ago 

                    It is hard to know how such a large conversion would work, but I'm sure it would move the peg quite a bit! At the moment the stabiliser gets 12k hbd per day to defend the peg.

                    The stabiliser is creating quite some inflation at the moment defending the peg though. This is why I want to look into it in more detail.

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