Hi, just a quick post to see what people are doing with their Hive-Backed Dollars (HBD) as I am unsure myself. HBD similarly to SBD, with such a low supply will be very easy to pump, something that happened heavily in 2017.
I haven't had a good look yet, but I have no idea what the value of the tokens are currently, but I assume that if HBD is going to be converted at a 1 dollar peg ratio, the best bet for me at this point is to convert it (takes 3.5 days) and see what happens.
However, (I did some exploring) going on 
So, I have a question, will the conversion be at the "one dollar" or will it be at the HBD price?
Currently,
at the $1 a HBD in conversion would = ~5 HIVE
at the $0.71, it would equal ~3.5 HIVE
So, what are people doing with their HBD? Are you holding it waiting for the markets to open (internal is closed still I think), or are you converting it hoping to get it at a $1 ratio? Is there a haircut applied still?
I have about half my HBD in conversion now, and wondering what I should do with the rest.
Taraz
[ Gen1: Hive ]
