Buying HBD
(Edited)
I just bought 5.658 HBD for 13.406 HIVE
1 minute ago 13.406 @0.422050 = 5.658
Why? What for? Well HBD is the Hive Dollar.
You can earn 5% and that's 5x what my savings acct pays.
Now that the Hive Dollar is back around $1 we can use it again.
It can be real fun when HBD rises to $4 overnight, but we want HBD at $1.
Now how do we flip HIVE/HBD so that Hive soars to $100?
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I noticed the intrest rate for hbd go to 5%. And all my hbd goes to saving for medium term investment so we wil see what will happen with this :)
There has been discussion by @smooth about an even higher interest rate, 7%, which I find extremely compelling.
https://peakd.com/hbd/@smooth/why-i-set-my-witness-hbd-interest-rate-parameter-to-7
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I'm doing the same, using my HBD saving on hive as my savings account. Waaaay better than my banks 0.05% interest rate.
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The bank is so archaic it is a joke. Hive is the future now!
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