SOMETHING THAT THEY CAN'T STOP
I am sure you own one of these tokens. Even if you don't, you own a cryptocurrency by now. At the same token, most cryptocurrencies lost more than 60% of their value alone in 2022. The same thing happened to a lot of stocks as well this year. For example #tesla lost more than 60% of its value. So it is game on everywhere. It will be easy to talk about lost and gains in the market. This is the characteristic of the bear market that threw us where we are now.
Interesting to see gold remains within its value for the last year.
When you go further in history fist currency always fair the worst. The US dollar since inception lost 96% for its value. Due to inflation and one man show it has been on a free fall for a while. What you can buy in early 1900, today you need roughly $30 to get the same product. Lately I was checking on everyday item like eggs. There is no such thing as 6 eggs for less than a dollar. Just to show you how crazy the dollar is free falling.
If the dollar is going crazy no need to compare it against other fiat currencies, it will be the same phenomena due to governments interference in the distribution of it.
Due to lack of proper oversight, it has become apparent cryptocurrency will fill the blank with no problem. I mean problem on our side.
If it has be for the bank you can rest assured crypto is long gone, disappear from the market.
Most conscious crypto projects follow #bitcoin line of action to control inflation. If you cannot understand how inflation works for a blockchain, run quick away from it, cause it will follow the same trajectory as the dollar.
Any project needs to follow the system where there is no head where it all falls on that person. A team and a blockchain will better serve long term. It may be possible to start with a vision. You have to trust that person as selfless and a community driven idea. #Hive feels that persona as you can see everyone with enough governance is part of that community.
One key aspect the tokens need a variety of holders to build the decentralized blockchain.
#hive is growing as well to that direction.
Now it is up to you to hold and keep yourself ahead of the threshold.
No wonder why it will be hard to stop this kind of blockchain where everyone has a say wherever you are. While #BTC is slowly losing its dominance. We see the #stablecoins are slowly marching with around 16% with clarity. It will be a solid state factor with them. They are the liquidity space that enable in and out for profit and they bring stability whenever possible.
Out of the ten top tokens, three of them are stablecoins. Alone they run the market with daily volume of $20 billion. This is a vivid example how necessary they are. This is why our own in house #HBD can be a game changer for the future of #Hive.
I expect more will hold it in the next year or two. While it is a debt for Hive, it is within the limit and set by the blockchain to keep both supply and demand in check.
A lucid eye will always give an ample hand when necessary. There will be always movement in price due to you and I need in the market.
By March #hive will solidify another year as a terrific three year old. I think it will beneficial for the holders since we are the example of what holding looks like. #hive value is still within anyone range. I heard a lot for next year. Less than four days in the radar. For many it is another day, another reset and another run, another goal.
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Ik for my choices on crypto what I look for are layer 1 solutions that other projects and coins are built on top of that way I can look at projects that seek to increase traffic and data on the platform.
HBD. I don't really understand where they get the funds, to tell the truth.
maybe I'm just stupid 😅
HBD is a debt of Hive to be redeem. it is produce when you lock HBD in saving or you write a post the blockchain emits Hive and HBD.
It helps to reduce Hive inflation in the short term of things.
It is a way everyone should transact with stability according to the dollar.
!PIZZA
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Hopefully, one day we will see Hive on the top out there
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What I'm wondering is why HBD isn't more popular amongst traders. The APR and unique algorithm alone set it apart from stablecoins such as Tether.
This post has been manually curated by the VYB curation project
What I'm wondering is why HBD isn't more popular amongst traders. The APR and unique algorithm alone set it apart from stablecoins such as Tether.
This post has been manually curated by the VYB curation project
Actually #HBD is a good stablecoins.
It is not widespread like the others.
Few CEX trade the tokens.
The APR has to do with #hive.
Holding HBd is like holding Hive in a stable state.
It is a debt of such token.
I think it is a choice factor.
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Yeah, I prefer HBD to other stablecoins too. What other one gives such a good APR and guarantee of stability!
!PIZZA
I think this model you are proposing is the safest in the longterm to deal with governmental bodies and to truly have the community own the project. The Maker Dao and others are good examples. And PolyCUb shows the beginning of such an organization on HIve. There may be other examples eventually like Splinterlands SPS becoming a governance token.
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I think in the near future #leofinance could change its governance and allow itself to run as such.
it is a close community with a small #marketcap.
I do not know the update #khal and teams have in place for us.
!PIZZA
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I think this is the way all the financial markets works, When the people buy it more, the price goes up and when people sells more, the price goes down and it goes on. We named these two phenomena as bull market and bear market. Your opinion could be different then me, but it will surely relate some how. Fiat currencies , no matter which country they belong to, have lost almost all of their value when we compared it to old times. Here in my country , the prices of things have increased five time that they were before two years. it's alarming and we need to think about it.
Downfall is everywhere and HBD is powerful stable coin because it's great mechanism. And the big advantage is 20% APR which is huge, Definitely saving HBD can generate passive income.
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It's crazy how far Hive has come in just a short amount of time. I mean sure we had that other chain's base to build on, but we have done so much since the split. It's really impressive the power of the community and the witnesses behind it.
My biggest mistake is to invest money in bull market. My assects almost going down 90 '/'. Hbd is good stable coin and never going down in bear market. That's the big success for hive Blockchain. Top 100 coins almost gives 10 x easily in bull market. Hive looks to Strong in bear market. Hopefully hive recover his position soon in the market.
I believe that HBD will be a game changer soon. We have all it takes on hive to sustain Hive and HBD.