What do you make of the HBD Pump?
Today morning, I woke up to see @bala41288 post on the HBD pump. I was pleasantly surprised and happy. I wished I had been patient enough to keep mine instead of spending it on other stuff like renting monsters for splinterlands but yeah that's me. I never can seem to hodl. If I had any notification about an intended rise, I would have waited but as the saying goes, we get only what we are supposed to get.
Have you hodled your hbd and if you have you can use the internal market to convert to hive. The internal market seems to have a sudden decrease in the graph and maybe it's because people are waiting to see if the price drops or rises.
Binance does not accept HBD and so we cannot transfer it to trade for other coins. Bittrex accepts it I think.
I am not sure what made the pump possible and maybe it's because other coins are also seeing an increase in the price. Anyways, lesson learned from the previous years and I will never buy something during a pump because it's not going to work out in the end and I would lose money just like I did before.
My wish is to see more people joining the HIVE community and getting to know the community and the use case of Hive and its related apps.
The need for decentralized platforms is all the more essential and important.
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We need to warn against the pump. People should not get hurt by manipulations and as a community we should explain new commers that HBD price will lead to inflation in HBD in order to balance back the price.
If someone pumps now the dump can hurt twice as much.
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There are many possible reasons as to why it pumps, but one thing that is always true, is that when HBD pumps, hive is next.
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nothing! i just converted my hbd into hive :P Xd