Yesterday on April 2, I wrote in a post about HBD development carried out by @hbdstabilizer to expect the price of HBD to be high or more than $1 USD. What I said there is wrong, all of it is reversed or the opposite of what I said.
It turns out that the @hbdstabilizer post there explains that the function of the development itself is to stabilize the HBD price equivalent to $1 USD, which means they don't want the HBD price to rise above $1 more.
@blocktrades also commented on my yesterday's post, he said I misrepresented the benefits of Hbdstabilizer. In fact they want the HBD to remain the equivalent of $1 USD, which means that the HBD can be used as a stable currency and suitable for any purchase currency.
If that is what they want I think it will be very successful if someone or the Hdbstabilizer always controls the HBD market, if the HBD price goes up above $1 USD then they have to buy Hive using HBD (it will put pressure on the HBD price), so that the HBD price goes down again or the equivalent of $1 USD.
What are the advantages?
The advantage is that the price of the Hive goes up, if someone collects the Hive on the market out there and is not in a rush to sell it, then most likely the Hive price will go up. This is one of the cryptocurrency principles that affects every crypto price there.
It has been proven that the HBD chart is steadily running on the $1 USD line, you can look at existing HBD markets such as Bittrex.com. This proves that they or Hdbstabilizer really work there, you can also check it on the @hbdstabilizer & @smooth account, which is currently exchanging for Hive using HBD, so that the price remains stable.
The current HBD price is $1.78 USD, which is close to $1 USD. Earlier or a few days ago the HBD price passed $2 USD and today it is back to the target which is around $1 USD.
This is one of the efforts they have made towards the price of HBD, so that it becomes a stable buying and selling currency. I think not only the Hdbstabilizer should do that, I or others can help stabilize the price at the same time.
We also hope that the price of Hive can also skyrocket, this is a source of pride for all of us.
Share this post so that other people can find out what I have explained, I think the explanation above is quite detailed for the community here.
Thank you to all of you, may good luck be there every step of the way.
Thanks also to @leo.voter, @onealfa, @bitcoinflood,@balte, @tribesteemup, @acidyo,
@penguinpablo, @steempty, @trafalgar, @theycallmedan, @abit, @tribesteemup, @canadian-coconut, @roelandp, @znnuksfe, @buildawhale & @tarazkp