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smooth

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2016-03-25 13:36

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smooth

5y

RE: HiveSQL proposal unfunded - Information and reaction

Seems potentially problematic in that if you reduce funding you can't increase it again if the price of HBD goes down. But it's a tool in the toolbox, might make sense in some instances.

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smooth

5y

RE: Supplemental funding #3 for HBD stabililzer

Whoever runs them, but it's usually pretty small. The prices are roughly in line, people are picking up pennies. If the profits are large, then I would encourage you to do the same thing and get your share

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smooth

5y

RE: HiveSQL proposal unfunded - Information and reaction

Again, how is that done? I was asking because I want to learn.

smooth

5y

RE: HiveSQL proposal unfunded - Information and reaction

Is there a mechanism in the blockchain for that or would they have to send it back, and then stakeholders make sure that it is being sent back? The latter seems possible and fair to me, but a bit of a

smooth

5y

RE: HiveSQL proposal unfunded - Information and reaction

In the case of severe undervaluation/underpayment beyond a few cents (which would only happen with the haircut, as @blocktrades stated), it is my opinion that a lot of proposals would absorb it for a limited

smooth

5y

RE: Supplemental funding #3 for HBD stabililzer

It sends it to the DAO, which converts it to HBD and stores it in @hive.fund, where it can't be accessed without stakeholders voting it out via a proposal. Essentially locked up. The HIVE that gets converted

smooth

5y

RE: Supplemental funding #3 for HBD stabililzer

it depends on how much money the speculators have Let's hope they have a lot. I'm enjoying my percentage stake in Hive increasing due to the stabilizer purchases pushing Hive current supply into deflation.

smooth

5y

RE: Supplemental funding #3 for HBD stabililzer

Interesting, my back of envelope calculation was based on total inflation including the part that gets dumped into HBD immediately and doesn't show up right away in current supply. So indeed current supply

smooth

5y

RE: Supplemental funding #3 for HBD stabililzer

It's buying a lot of HIVE right now, nearly enough to offset the entirety of Hive inflation. If a new investor came along and was buying 40000 USD worth of HIVE every day we'd consider that very significant

smooth

5y

RE: Supplemental funding #3 for HBD stabililzer

smooth

5y

RE: Supplemental funding #3 for HBD stabililzer

That's completely correct. Also, hard to say that it entirely isn't working. HBD is definitely not stable, but it could be even less stable too. Also possible that it hasn't yet worked at past funding

smooth

5y

RE: Supplemental funding #3 for HBD stabililzer

I prefer to keep the transparency for now. There are bots that do arbitrage trades between internal and bittrex as well.

smooth

5y

RE: Supplemental funding #3 for HBD stabililzer

They are, but there is plenty of arbitrage. Bots send the HBD to other exchanges (mostly Upbit) and pull back from there HIVE. By doing it entirely on the internal exchange there is full transparency of

smooth

Hive Think Tank

5y

RE: Another, Bigger HBD Stabilization Proposal Needed

smooth

5y

RE: Collect Cash to Power Up 160%

Yup, if HBD is >$1 you should ask for the HBD and trade it for HIVE if you want HIVE. If HBD is <$1, you should ask for 100% HP as long as if you don't mind being powered up.

smooth

5y

RE: My first HBD interest

One other difference is that with compound and such (and even more so with centralized lending products), you are lending, and as with all lending there is a potential for default. There is also risk from

smooth

Hive Improvement

5y

RE: Proposed hardfork change to stabilize Hive Dollar’s tracking of USD value

There haven't been any issues with the price feed since the fork either. Not sure what the other comment was talking about.

smooth

Hive Improvement

5y

RE: Proposed hardfork change to stabilize Hive Dollar’s tracking of USD value

That it is pegged to the USD is mostly irrelevant. The main purpose, as @blocktrades noted in the other reply, is to maintain relatively stable purchasing power. For example, it is used by the DHF to set

smooth

Hive Think Tank

5y

RE: Another, Bigger HBD Stabilization Proposal Needed

All available DAO budget is being used (#166 isn't even getting its full request because the DAO budget is exhausted). The only way to increase funding (and even then, by a relatively modest amount) would

smooth

5y

RE: Upvote this post to fund @hbdstabilizer

You are welcome to ask the same question again. My answer is that no, I don't see myself reading a pitch at this time. Maybe some time later.

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