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RE: Hive might go down to 5 cents soon

in Indiaunitedlast month

Everybody talks about Hive going to market for selling
Nobody bats an eye 15% HBD savings.
HBD itself is a problem.
For any crypto currency, due to high volatility, it's impossible to have a stable coin. Discard HBD & see Hive surviving & surpassing like anything.

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Yeah true but I don't think HBD alone is the problem. Spending a lot of money from DHF is also a problem. If there was a down vote button introduced in DHF, many proposals would never pass.

Having stable coin itself is a big loop hole.
Paying out half of the author/curation rewards in stable coin
Paying out proposals in stable coin
Paying out savings of stable coin in stable coin

Stable coin invites trouble, nothing else.
with hReplier

Yeah good point. There have been discussions about this for a very long time. Let's see where it goes.

Just endless discussions
At the end, whales decides what’s working in their favour

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