See that sell-wall?
That was me.
Usually, when Hive pumps, HBD pumps with it.
This has been going on for years.
As I do not use external exchanges, I had to watch most pumps and could not profit.
This time, I can use the internal market to buy HBD.
When Hive drops again (yes it will, eventually), I will start buying back around 0.35 HBD.
That is low reward for the risk I am taking, I know.
However, should I get stuck on HBD, I can at least get 10% apr on it.
I had been signaling a 4% apr all the time, when I was witness.
The others thought I was some idiot.
Now they signal 10%.
Someone still needs to explain to me, how the HIVE to HBD conversion is ok, while the haircut thing exists. But for now I can not even google the correct term, because you can not find anything related to our blockchain, because they named it HIVE.
Anyways, I appreciate some of the changes.
Looks like I finally have a trading pair, where I can secure some profits.
Oh and btw: while I am writing this, the order has not yet been filled.