Look at this, the same picture two posts in a row with the only change a color adjustment and 180 rotation.

Am I lazy?

Yes - but that is besides the point. It was actually planned in hope based on the volume of Hive being low, as I think it is a good indicator that it is getting ready to make larger moves - up or down. And in a Discord to some close friends, I actually mentioned it, before using the image in the post on retirement before heading to bed, which was written after this comment:

_{(Don't worry, I cut out the nudes you sent me @abh12345)}

The damage is...

A lot.

And after watching the falling volume over the last couple days on Binance HIVE:BUSD get to a 24-hour range of about 100K, I added a few minutes later:

At first I thought it was going to be a "negative movement", but the HIVE Gods (Korean Bots) decided to buck the trend a bit and move it back up about 6 hours after my comment.

The Korean bots are also playing with HBD:

with 20 million in volume over the last 24 hours, which is almost 100% of the value of all the HBD in existence currently.

Yes, that is a spike to 3 dollars on HBD. That definitely isn't holding the peg, is it? but don't worry, @smooth's algorithms will be making good use of the higher prices to lower the inflation of HIVE a little and push more into @Hive.Fund - I am not sure how much it has lowered the inflation by in total, but perhaps @smooth has an idea.

If you want to see what I mean, have a look at @hbdstabilizer/wallet on Peakd, filter for "outgoing" and have a look at the transfers to the Fund over the last few hours before scrolling back to yesterday and see the difference. Here are snapshots of both positions if you are lazy like me:

The last 6 hours:

What it looked like 24 hours ago:

Noice!

So, while HBD is not on peg (enjoy it and covert it to HIVE or spend it if you want - I bought some Splinterlands cards) I have had my eye on, the algorithm that feeds the HIVE DAO is using the higher prices to reduce HIVE liquidity a little and will eventually return HBD back to its theoretical peg of around 1:1 with USD. This means that while all that volume is being driven on Upbit speculation, they are also benefiting the entire Hive economics and helping to fund future projects.

Pretty cool, eh?

Now, while most people don't have any idea o what I am talking about, since they are just here to blog and earn some tokens, it is good to recognize that there is a massive amount of background mechanics that make it all possible. No, it isn't perfect, but it is improving and with the next Hardfork driven by the @blocktrades Team coming up in the next few weeks, the "background" will change again and there will be new capabilities that improve the possibilities for development on the chain.

This makes the Hive Development Fund (HDF) even more important and hopefully, it will be used to support new ecosystem growth projects in the future. Coincided with a run on crypto and the HIVE token, and the power of that fund is incredible, so anything we can feed into it now "for free" is valuable. This benefits everyone in several ways, including reducing the supply of liquid HIVE on the markets slightly and locking it up and releasing it slowly, hopefully for when demand on the token and the entire Hive ecosystem is higher.

Hive is awesome.

When will people realize it?

Taraz
[ Gen1: Hive ]