RE: RE: MACD divergence on HIVE (and many alts BTW)
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RE: MACD divergence on HIVE (and many alts BTW)

igormuba(71)
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Their HP is going lower in price but they can get liquid funds from the DHF. Doesn't matter how low HIVE thus their stake goes.

Acidyo asked from the DHF for a bit over what his stake is worth to pay for claude subscriptions, if he were to unstake it would take a long time and would probably be worth less but because the DHF gives liquidity he doesn't need to unstake. Note, this is no judgment of morals but a technical observervation, the DHF is essentially liquidity for stake.

Now this is a judgement of morals: that is why I call it a backdoor not to slander on it but because it is a liquid way to get funds when your stake is locked away regardless of its value, it is a backdoor by definition and acidyo has gripes with me for calling it that, a liquid way to get funds from a locked stake.

I agree that calling it a backdoor sounds harsh but it is intentionally harsh sounding because if the stake is supposed to make witnesses and holders worry about their assets devaluing then giving liquidity through another mechanism undermines the stake incentive to hold the value of the coin. That is the trust problem Hive has, stake means nothings because stake has a liquid way out through the DHF, and worse, it is a threshold way out so not everyone has the same way out, only a collusion of players or someone with enough stake.