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smooth

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2016-03-25 13:36

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smooth

5y

RE: Fee reimbursment for HBD stabilizer proposal

It would probably be overvalued at first and take a little while to decline. We'd destroy a lot of HIVE creating HBD to dump on to the market to push its value down to the new value of USD, which could

$ 0.685

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smooth

5y

RE: Fee reimbursment for HBD stabilizer proposal

RE: Fee reimbursment for HBD stabilizer proposal

I think its actually quite stable at this point. Most of what you see now are small fluctuations due to limited liquidity and also some fake price fluctuations due to weird price reporting and suspicious

$ 0.181

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smooth

5y

RE: Hive Backed Dollar (HBD): Taking Things To The Next Level

The difference in trading volume is around 1000x though, when the difference in amount in circulation is more like 15x, and even less of a ratio when considering only liquid HIVE. But I don't believe most

smooth

5y

RE: My monthly HBD interest claiming day

For now I think most are happy with the 10%. Going forward I don't know.

smooth

5y

RE: My monthly HBD interest claiming day

Location in profile listed as India. Probably lower cost of living. Can't count on that 10% forever though, it is a variable rate depending on conditions.

smooth

Hive Governance

5y

RE: HBD and USD inflation.

Up until recently (last decade or so), inflation was the 'blockchain transaction fee' for the USD. If you kept your USD 'staked' in bonds or even just a savings or money market account, you would make

smooth

5y

RE: Burning HIVE! | Nov 2021 | How much HIVE is burned and how?

It was a DHF project that used DHF funds to buy and convert HBD, to help restore the peg at a time when HBD was chronically undervalued. Upon conclusion of the project the remaining funds were burned.

smooth

5y

RE: Burning HIVE! | Nov 2021 | How much HIVE is burned and how?

The fee part can't come back. Let's assume HIVE = $1 100 HIVE->95 HBD (5% fee deducted and burned) 95 HBD->95 HIVE (no fee in this direction) 5 HIVE burned. If the price changes, the conversion rate

smooth

5y

RE: Burning HIVE! | Nov 2021 | How much HIVE is burned and how?

HIVE to HBD conversions is another burn (5% of the amount converted)

smooth

5y

RE: If We Are Serious About HBD We Need To Get It Listed On More Big Exchanges, Paid Listings Included

I don't know what you mean by bad price but you can easily buy <$1 on the internal market nearly all the time. And buy a lot. The stabilizer buys $80K per day consistently, every single day, and there

smooth

5y

RE: If We Are Serious About HBD We Need To Get It Listed On More Big Exchanges, Paid Listings Included

The highest real liquidity is probably on the internal market. $10K or even higher trades happen all the time (I've seen $50K). It's not quite on-demand, you have to be willing to wait either as a maker

smooth

5y

RE: Is 1.5M HBD In Savings For 10% APR The Best That Hive Can Do?

Talk to them, get a quote, pitch funding to cover the cost on DHF. That's how this works. There's no one "in charge" who is supposed to do it. If there isn't one single person in the community

smooth

5y

RE: Is 1.5M HBD In Savings For 10% APR The Best That Hive Can Do?

There's no "reason" to hold millions in any of the top 100 cryptos that I can think of, other than that you think the value will go up. None of them have "real world" value commensurate

smooth

5y

RE: Is 1.5M HBD In Savings For 10% APR The Best That Hive Can Do?

Better case for this after increasing the supply cap above 10% in my view. As things stand we have not hit the cap due to high demand (the HIVE price has always increased, moving the cap away, which is

smooth

5y

RE: Wednesday Afternoon Walk In A Peaceful Place

Upvotes were excessive from my point of view of what I saw so I made a modest downvote to express my opinion. Nothing wrong with the post, and it is still getting significant rewards.

smooth

5y

RE: Although subjectively downvoting posts to zero is anathema to me, the Layer 1 ability to do so must remain (for now at least)

Downvotes spread more widely would indeed help with some cases, since then getting downvotes would not be so devastating to rewards (most content would have some so the zero-sum aspect would mean it would

smooth

5y

RE: Although subjectively downvoting posts to zero is anathema to me, the Layer 1 ability to do so must remain (for now at least)

On that same post I pointed out how the "free upvote" is basically just a nerf to downvotes (those getting downvoted, whether justified or not, can use the "free upvote" as a sort of

smooth

5y

RE: Community Token Talk - Daniel Larimer "I invented Hive"?

By my reading of the context, he's not talking about DPoS or the code base, but the social layer. What we have now is a bit different (e.g. free downvotes) from what Dan "invented" (to what extent

smooth

5y

RE: Money-Printing: Is Raising the HBD Debt Ratio from 10% to 30% Safe?

Was there a study or an analysis on why 10% would be chosen over any other percentage, or was it just an arbitrary number to test the water? There was no study. It was an arbitrary number picked by Steemit.

smooth

5y

RE: What are Hive Backed Dollars (HBD)? - Hive Backed Dollars Guide

Not sure why this is reposted.

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