Fire Proof for HBD
The posts around here regarding HBD have been a lot of talk about stabilizing it and becoming a Stable Coin. Mainly after the last HF.
Having stable HBD is something that I like a lot for several factors which I've already written in other posts around here. However, maybe a big test is still needed for me to be more sure over HBD.
Since I wrote again in early March, HBD has suffered the least price fluctuations. Of course I saw it go above 2.30 for a short while and get close to 0.7 in the meantime. But most of the time between $1. If I look at the older chart I see that their lows were 0.50 and because of the long period of time that has passed it makes me more confident in leaving some token values in HBD...
Well, that being said the scenario I want to see how HBD will behave is in a possible Bitcoin crash. Those sudden drops or the possible going of the BTC up to 20k that have been around us for a long time.
BTC which has been falling in recent days but it is more because of the world scenario of fear in several exchanges due to the new cases of Covid with the Delta Variant than any chart speculation about price drop. But even so it's something we're on "alert". Given all this in a possible big downfall of BTC is when I really want to know how stable the HBD will be, how much it will react with values falling from the main cryptocurrency in the world. Although I want to find out I didn't want it to be this soon xD
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Português
Prova de Fogo para o HBD
Os posts por aqui a respeito de HBD tem sido muito falado a respeito de sua estabilização e se tornar uma Stable Coin. Principalmente após o último HF.
Ter o HBD estável é algo que me agrada muito por diversos fatores os quais eu já escrevi em outros posts por aqui. Porém, talvez um grande teste ainda é necessário para eu ter mais certeza acima do HBD.
Desde que voltei a escrever em início de março o HBD é a que menos sofreu variações de preços. É claro que eu vi ela chegar acima de 2,30 por um curto tempo e ficar perto de 0,7 nesse meio tempo. Mas boa parte do tempo entre 1$. Se eu olhar o gráfico mais antigo vejo que suas mínimas eram 0,50 e pelo longo período de tempo que já passou me deixa mais seguro em deixar alguns valores de tokens em HBD...
Bem, dito isso o cenário que eu quero ver como o HBD irá se comportar é em uma possível queda do Bitcoin. Aquelas quedas bruscas ou as possíveis ida do BTC até 20k que nos rondam a muito tempo.
BTC que tem caído nos últimos dias mas é mais pelo cenário mundial do medo em várias bolsas devido aos novos casos de Covid com a Variante Delta do que qualquer especulação de gráfico sobre queda de preço. Mas mesmo assim é algo que ficamos em "alerta". Diante de tudo isso em uma possível grande queda do BTC é quando eu quero realmente saber o quão estável será o HBD, o quanto ele irá reagir com valores caindo da principal criptomoeda do mundo. Apesar de eu querer descobrir isso eu não queria que fosse assim tão cedo xD
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The next year will definitely be a fire test for HBD with this HF25 that added a control to hold the upside (convert Hive to HBD), specially with the current interest rates.
I am, right now, more interested in buying and saving HBD than Hive itself because of the yield, but because now there is a mechanism to control upside potential we won’t have like “over $5 dollar” like we used to have on Steem, that was awful from a design perspective, a pegged token to go up that much, but now that it is less likely to go up that much people might not be inclined to bet like before.
Time will tell and I am hopeful it will tell something positive.
Yes I do too.
Mainly tokens that I have with a high value, I'll sell to turn everything into HBD and keep my earnings and buy back when it's low
First, I want to commend you on posting in both English and Portuguese. This is something I have always suggested to authors here on @leofinance.
Contrary to popular belief, the demographics of the HIVE Blockchain user base is predominantly Venezuelan whose native tongue is Spanish, not English speakers.
Like you, I am very interested in how stable we can keep HIVE Backed Dollars (HBD). Our stable coin is unique and has the potential to be a major contender to BUSD, USDC, USDT, UST and any other stable coin. Not only that, it would be impossible for any government to regulate HBD!
Você fez um ótimo trabalho no seu artigo escrito! Obrigado!
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Thanks
Although I believe that everyone still reads English as the main thing hahah
But anyone from my country has the option to read in PT xD
Thanks for the words, very grateful.
https://twitter.com/taskmaster4450/status/1417870269121716229
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I don't really know how HBD is going not because I've not followed up lately but the last i checked I noticed is holding it's ground against the certain market unstable wave.
Bitcoin is constantly affecting the price and movement of other coins which is not favourable in anyway and it also affects HBD.
I believe the coming of Bitcoin crash HBD will stand it's ground and hold the price level as it gaining equal price compare to USD. HBD is gaining more strength in the market bit by bit in other to stand strong against market waves.
Portuguese;
Eu realmente não sei como o HBD está indo, não porque eu não tenho acompanhado ultimamente, mas a última vez que verifiquei que percebi é que está se segurando contra uma certa onda instável do mercado.
O Bitcoin está constantemente afetando o preço e o movimento de outras moedas, o que não é favorável de forma alguma e também afeta o HBD.
Acredito que a vinda do crash do Bitcoin, o HBD, vai se manter firme e manter o nível de preços, uma vez que ganhará um preço igual ao do dólar americano. A HBD está ganhando cada vez mais força no mercado, pouco a pouco, para se manter forte contra as ondas do mercado.
HBD tem sido bastante estável nos últimos meses e com pouquíssimas mudanças grande de preço.