RE: 52 Weeks of Tracking my Hive Stacks Growth
You are viewing a single comment's thread:
It's possible that we might get surprised that some crypto traders that also trade HIVE (such as "the Koreans" as they say) make a (huge but temporary) spike in the HIVE price (near the end of the year). 🤔🤑 Whenever the price of HIVE gets a large increase, the price of HBD generally also does the same, though HBD's price when significantly above $1 each gets lower much faster than HIVE due to its nature as a stabletoken. 💸🤯🤓
!WEIRD !INDEED !HOPE !WINEX
0
0
0.000
Sounds good to me, I'm game. I'd prefer the price of HIVE continue to rise over time, rather than decline, so I'll take any boost, no matter how temporary, that I can get. 😁🙏💚✨🤙
!ALIVE
!BBH
!HOPE
!INDEED
!WEIRD
If the price of HIVE is certain to face decline, then it would definitely turn off most investors (except those who want to try to profit from short-term price surges) !INDEED. 🤔💸🤯😅
!WEIRD
!HOPE
!PIZZA
Indeed, and that's precisely why getting the HBD situation under control fast is essential. 😁🙏💚✨🤙
!HOPE
!INDEED
!PIZZA
!WEIRD
There's the thought that when the price of the HIVE token increases significantly (and does not go down again anytime soon), then the problem with many HBD tokens in circulation becomes less urgent. 🤓 That seems very complicated to talk about though! 🤯😅
!WEIRD !PIZZA !ALIVE !STRIDE
Yes, that's true, if the fiat-dollar price of HIVE were to be higher, then more HBD could be in circulation, and hold their value. It is a bit complicated, and I'm still wrapping my mind around some aspects of the relationship between HIVE and HBD. I will say that I don't think that it's a good idea at all for HBD to be pegged to a fiat currency, because such currencies always lose value over time. 😁🙏💚✨🤙
!ALIVE
!PIZZA
!STRIDE
!WEIRD