I really hope that the fiat price of HIVE does rise again, as it's been in a downtrend since 2021, and it's dangerously close to $0.08. If it goes below that price, very unpleasant things will likely happen on Hive. 😁 🙏 💚 ✨ 🤙
!ALIVE
!BBH
!HOPE
!WEIRD
We can !HOPE that if ever the price of the HIVE token goes to its all-time-low (ATL), then people on (and off) Hive will buy huge amounts of that token (whether manually or automatically), preventing the price of the token from staying at its ATL for long periods of time (and also hopefully have a significant and prolonged surge in price). 🤔🤗😏
!WEIRD
!INDEED
!WINEX
That is my hope for sure, though there are certain dynamics on Hive which don't make that very likely. I'm more than a little concerned at the moment for Hive's future. 😁🙏💚✨🤙
!HOPE
!INDEED
!WINE
!WEIRD
While buying more HIVE tokens at these prices is likely the most helpful method in helping Hive right now, only a small percentage of people on Hive are able (and/or willing) to do that, so supporters of Hive should have more knowledge of how to help Hive in ways that don't involve spending fiat money or other cryptocurrency coins/tokens for it. 🤔🧘♂️💸🤯🤗
!HOPE
!LOLZ
Presently, aside from buying HIVE, converting HBD to HIVE would also be very good. 😁🙏💚✨🤙
!HOPE
!LOLZ
That's a good idea, though that sounds like simply using HBD to "buy" HIVE, only that HBD that is converted will always be treated as exactly $1.00 in fiat currency, and the 3.5 days waiting time applies. 🤔🧘♂️💸🤯🤓
!WEIRD !INDEED !HOPE !HUG
1 HBD will only equal $1 of HIVE if the Hive Debt stays below 30%, otherwise it will lose its peg to the dollar. The Hive Debt is presently at 17.78%. It went from 13%, which it was at yesterday, to 17.80% today, but very thankfully it just started going down a little later in the day. 😁🙏💚✨🤙
!HOPE
!HUG
!INDEED
!WEIRD
I think that you are referring to HBD's "haircut rule". 🤔🤓 A change of 4% in just a day !INDEED still shows how fast the percentage of HBD from HIVE can become in a short period of time. 🧘♂️💸🤯😅
!WEIRD
!HOPE
!PIZZA
I was indeed, correct. Well, it was rising very quickly, then it finally began to stabilize and fall, which I'm thinking was the result, at least in good part, of the HBD in the DHF being removed from the Hive Debt calculations. 😁🙏💚✨🤙
!HOPE
!INDEED
!PIZZA
!WEIRD