RE: 💸 I Did the Math on My Hive Bags – EDSD vs HBD – And I Was Very Surprised (No, Really)

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RE: 💸 I Did the Math on My Hive Bags – EDSD vs HBD – And I Was Very Surprised (No, Really)

tydynrain in Silver Bloggers • 6 days ago

That's good, but if not you, then? Ditto that, and things are more serious than I originally thought. I've been looking into it more closely, and the HIVE inflation, and the Hive Debt, which are both rising rapidly, are at all-time highs, while the fiat price of HIVE is at an all-time low, which is a very bad combo. We're moving into dangerous waters, because if the Hive debt reaches the 30% threshold, then HBD will lose its peg to the dollar, which will cause all sorts of unpleasant things to unfold. At the moment, the Hive Debt is at 17.78%. It was at 13% yesterday. I did notice just today, however, that it appears to be going down a bit, which I really hope continues. If it keeps going up, then I'm going to withdraw all my HBD from Savings to convert to HIVE, and then power it up, before HBD loses its peg. 😁🙏💚✨🤙

!ALIVE
!BBH
!LOLZ
!PIZZA

6 days ago in Silver Bloggers by tydynrain

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borniet 6 days ago

Saw your message about it, and will look into it as well today! That would be incredibly bad for sure! So let’s hope it doesn’t happen… Things are going sideways on so many levels at this moment, I certainly do hope something starts stabilizing again soon….

!HOPE
!PIZZA
!INDEED
!ALIVE
!BBH
!DUO
!PIMP

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tydynrain 6 days ago

Oh, good, I'm glad that you saw it! I wrote about it in my post yesterday too. Indeed it sure would, and ditto that. Tell me about it, and going sideways is a good way to put it. The HF removed the HBD in the DHF from the debt calculations, so that should help, very hopefully. 😁🙏💚✨🤙

!HOPE
!INDEED
!MMB
!STRIDE
!WEIRD
!ZOMBIE

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borniet 6 days ago

Yeah, things would definitely need to go upwards again, in Hive, the general cryptosphere, and the world economy. At this rate we’ll all be eating moss and grapes by next summer ;-)

!BBH
!STRIDE
!UNICOIN
!WEIRD

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tydynrain 5 days ago

Well, learning to forage food in our local environments is a very important skill, but yes, you're right. The fiat system is going to crash at some point, so I'd say get off-grid, and become self-sufficient as much as possible, as trying to stay in the system might indeed become very unpleasant, and for a whole host of reasons. I'm still concerned that HBD is pegged to the fiat dollar, which will continue to decline in value. 😁🙏💚✨🤙

!ALIVE
!BBH
!STRIDE
!ZOMBIE

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borniet 5 days ago

Yes indeed! Quite sure about all that as well! And indeed gradually preparing to become more and more self-reliant...
!HOPE
!PIZZA
!INDEED
!ALIVE
!BBH

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tydynrain 4 days ago

I'm really glad to hear that, brother! May the timing work in your favor! 😁🙏💚✨🤙

!ALIVE
!BBH
!LOLZ
!PIZZA

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borniet 4 days ago

I’m afraid that’s about the only thing one can still hope for at this moment :-)
!HOPE
!PIZZA
!INDEED
!ALIVE
!BBH
!PIMP
!DUO

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tydynrain 3 days ago

It is getting a bit dicey, that's for sure. I'm praying for a positive outcome for all of us. 😁🙏💚✨🤙

!ALIVE
!BBH
!LOLZ
!PIZZA

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