If the price of HBD goes too low (such as $0.94 or lower for example), some Hive users with liquid HIVE will buy HBD on the (internal or external HIVE-HBD) market, then convert HBD to HIVE (undergoing a 3.5-day conversion period) where each HBD will be treated as exactly $1 when converting to HIVE. 🤓 That helps Hive users earn from HBD volatility, as well as help the Hive blockchain itself stabilize the price of HBD. 😏 !LUV !CTP
RE: Hive at 0.4048: Would it go lower?