The danger of HBD is that people buy HBD when HIVE is high. They convert their HBD to HIVE when the price is weak. This puts an extreme downward pressure on the price of HIVE.

There are been three big dips in the price of HIVE since December.

Each of these dips saw people convert over a million HBD into HIVE.

A million HBD converted to HIVE at $0.3 produces 3.3 million HIVE.

The market has to absorb this HIVE when the market is weak.

We've seen the HBD scheme generate 10 million HIVE during these last market dips. It is insane.

What do you think your range is for cashing out your HBD?

The ideal is to do the conversion at the bottom of the market. I was thinking of cashing out at $0.28. After last night's dip I think the price of HIVE might drop further.