RE: RE: HBD: 10% Debt Haircut is Too Low
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RE: HBD: 10% Debt Haircut is Too Low

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6y

Speaking of price manipulation the koreans are at it again:

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This has been happening over and over again since Hive came into existence:

  • The HBD price tanks on Upbit.
  • They buy at a discount.
  • Convert it.
  • Sell Hive for BTC.
  • Rinse and repeat.

If I had the capital I would arbitrage the hell out of their shenanigans.

The witnesses should protect the network from this by modifying the bias factor so that conversion don't pay a full dollars worth of hive and instead incentivize holding HBD by paying interest instead some want to reduce inflation...ffs.

@apofis: Speaking of price | Ecency