As @leprechaun mentioned, you've completed misunderstood the function of the hdbstabilizer. The intent of that bot is to push the price of HBD downwards, whenever it starts to go above $1 in value. We

Holding the funds in a account vs just having them disappear and re-appear isn't particularly more complicated. It's a pretty trivial difference in the coding, or we wouldn't bother with it, just for PR.

Congrats, it's been a long strange trip!

If HBD is completely unstable, there's no reason for it to exist at all. We're trying very simple solutions to fix the peg.

I agree, the semi-floor at $1 does make it attractive for a pumper to accumulate around that price, then try to induce a pump. This is another reason I think it's an intentional pump: the current

I'm quite familiar with how USDT works. But you seem to believe there is only one way to create a stable coin. I'm quite sure you're wrong. But I don't see the point in endless debates on the subject,

Getting HBD listed on more exchanges is not easy right now, because it does trade at a low volume, so the fees from it aren't that interesting to most big exchanges. To change that, we need to increase

It's being coded now and is planned for the upcoming hardfork (in the next few months). As for funding, I haven't created a proposal yet for any of the work done by the blocktrades team on the core code

USDT is only stable because of trading activity that keeps it that way. Which is the function of the hdbstabilizer as well. With more funding, the stabilizer could make HBD just as price stable as USDT

Yes, there's a cap of 30 witnesses. As for thinking you voted in the past, it could be a case where you were voting a bunch of witnesses at once, and one of the votes didn't go through due to the speed

One large buyer can do that, but otherwise it takes a bunch of small buyers. I'm fairly familiar with what it takes to move markets of varying liquidity, because we have to operate trading bots as part

As mentioned in the post, there is a plan for a more powerful solution for the peg (the Hive -> HBD conversion operator). But any such solution requires a hardfork, so we're still around 2 months away

That's ok, we're going to try to teach it better. And the DHF is getting paid to do the tutoring.

While I'm not happy with the actions of the zzhang group, I've never for a second considered them stupid. You can read their posts and see they are not idiots. But the leadership is very shifty, in my

I think the idea that 3% interest would drive the price of HBD to $3 is completely nonsensical. It's not even been advertised much, except to a small extent on Hive sites themselves, so even if 3% was

It might, since there would arguably be fewer uninformed buyers that could be fooled by a price pump. But in the long run, there can be a lot of utility in having HBD on external exchanges, once we get

I'm afraid I'm known for not investing enough time to create pictures. But jarvie's post which I linked to in the comments has a good one.

It's been going down pretty steadily since we kicked up the stabilizer funding. That doesn't mean that's the root cause, but it looks very promising so far.

For details on the funding/proposals for the stabilizer, see my links in another comment here.

Anyone can run a stabilizer proposal, in principle. But the idea originated with @smooth and he's the one that's done all the work to set up the bots, campaigned for the idea, etc. He's done a great job