That's why I prefer to use the Hive.blog market to swap immediately. Thanks for breaking that down and explaining what that 3day conversion is doing. It seems if there was a more profitable way for users to swap HBD/HIVE instantly, I would use that instead. I just want to be able to swap HBD and HIVE quickly so I can increase the amount I have of each. 3 days is too long.
The HBD savings is a nice place to park my Hive Dollars now. The real question I have is How do we get HIVE over 1 HBD, and is a higher valuation being hindered by the way the system works now? Will HIVE always sell off when it rises to $1+ or can we get it up the hill to get the ball rolling? The price of Bitcoin takes off and Hive rises, happens all the time. What will it take to get HIVE over $1?
My thought is that it is just a matter of time and increasing adoption. The more users looking for Hive to power up, the higher the price will eventually go. I am still uncertain how HBD will work in the inverse situation. How will Hive look if/when HIVE is $5 and HBD is $1? STEEM went to about $10 and SBD hit $18 around Jan 2018. Could this type of price rise happen again to HIVE sometime after the next BTC halving, if we grow to over 150k+ active users? Assuming the HBD peg has been 'fixed' then HBD shouldn't rise to $18 or even $4 again. This is potentially a good thing, right?
RE: Proof of Brain Has Moved