Dropping like a rock
Thanks DHF
Crashing Hive every day since March 20 2020
https://coinmarketcap.com/currencies/hive-blockchain/
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ladyaryastark, you mined 0.9 🟧 HBIT and the user you replied to (offgridlife) received 0.1 HBIT on your behalf as a tip. You can receive 100% of the HBIT by replying to one of your own posts or comments. When you mine HBIT, you're also playing the Wusang: Isle of Blaq game. 🏴☠️ | tools | wallet | discord | community | daily <><
What's more, you found 1.0 ⚪ BLAQ pearl as a bonus treasure token!
Your random number was 0.17871069723488398, also viewable in the Discord server, #hbit-wusang-log channel. Check for bonus treasure tokens by entering your username at block explorer A, explorer B, or take a look at your wallet.
There is a treasure chest of bitcoin sats hidden in Wusang: Isle of Blaq. Happy treasure hunting! 😃 Read about Hivebits (HBIT) or read the story of Wusang: Isle of Blaq.
View or trade
LOH tokens.@ladyaryastark, you successfully shared 0.1000 LOH with @offgridlife and you earned 0.1000 LOH as tips. (1/4 calls)
Use !LADY command to share LOH! More details available in this post.
$ 2.1 Million HBD converted to Hive and sold every single day ….
Until Hive reaches zero
They need to sell HBD as quickly as possible … before HBD is depegged from $1 USD and drops to zero
No. They are selling all their HBD and selling all their Hive to convert everything to USD.
The DHF is like their USD salary …
They need to sell everything as soon as they get it before HBD is depegged and drops to zero
None.
Hive will go to Zero ….. if everyone who earns HBD from DHF Fund sells all their HBD and Hive.
HIVE does not exist in a vacuum and is subject to the same overall generalized market pressure everyone else is under.
STEEM has no DHF and if this was downward pressure from the DHF, our trends would look different.
but they don't.
We throw a lot of shade at the DHF without any actual proof by any real metric that it's doing anything negative to the price of hive.
Wrong.
Haircut coming quickly now …
It’s a Death Spiral.
People funded by DHF (crimson etc) are forced to to sell their HBD as quickly as possible … before it is de pegged and drops to zero
Well, I take it back 😂 That is a compelling argument vs the DHF if it is in fact the DHF causing that downward pressure.
Yes. I have been watching these charts for a while now.. Hive has been dropping since they started the DHF Funded HBD stabilizer …. Back when they started the 20% APY on HBD savings ….
The Hive blockchain initiated the 20% Annual Percentage Yield (APY) for Hive Backed Dollars (HBD) stored in savings accounts in April 2022.
This rate was officially introduced following a witness update published by block producer (witness) @gtg, where the HBD interest rate was adjusted to incentivize holding the network's algorithmic stablecoin.
In April 2022, the cryptocurrency Hive (HIVE) traded generally in the range of $1.00 to $1.50 USD.
