I wonder what will happen if Hive drops down that low like you said. I'll probably still be here stacking Hive from what I earn, but I have a feeling a ton of projects will start shutting down.
Same, though I think Iโm switching to part time not every day. Iโm not just getting many views but I do appreciate the few I do get.
Yeah I gotta be honest, saying something like .0444 price seems high to me, I think itโd much worse. I mean we are already down 98% from all time high so would going down 80% more in 6-24 months really be that crazy?
I do understand and fear that there will be issues sub .05 that might effect function and I do think HBD peg had to break or be manually removed and taken apart to avoid a uncontrolled break, but every other Algo or artificial โstabilizedโ stable coin is already failed mostly. We arenโt because we are so tiny and off the radar. I still see many devs and witnesses promoting HBD will be huge and used in mainstream commerce , itโs not just a unlikely chance itโs 100% impossibility and seeing smart people keep pushing this claim is concerning. We should be in red alert ๐จ mode cutting all spending not essential to basic function to spot the bleeding. Well u are one of 2 or 3 left who listen to these so u already heard my take. But itโs just crazy to me how ridiculous even funded devs still are preaching HBD itself will be the main stable coin of the future. Itโs not going to be and only useful function was always being a % of post reward to diverse reward to make it less volatile. The APR needs to come down a lot, itโs only going to cause problems as hive crashes and already 14% below .10 cents in a week. We are definitely going to see .05 next months at this rate and HBD is becoming unmanageable. Iโve been shouting the issues with DHF & HBD to try and get people awake to these issues but even here at .08 handle nobody wants to listen ๐คท๐ผโโ๏ธ
!PIZZA !LADY