RE: Upvote this post to fund @hbdstabilizer by abh12345

View this thread on: hive.blog | peakd.com | ecency.com

hbd · @abh12345 · Mar 31 '21

$0.17

> It is also stabilizing the price of HBD, discouraging people from buying it speculatively

![image.png](https://files.peakd.com/file/peakd-hive/abh12345/23t76tAhT7f4rwf4YnCikECLx9Np5q58c9cu96yviSXiY6Gvkbo3qeVUaFLDzDE534GDz.png)

It doesn't seem that way at present, and I wouldn't be surprised to see this uptrend continue.  

Do you think the speculators are aware of hbdstabilizer?

And, is it the case that the higher HBD goes, the more HIVE is bought, and in the long run this project will have a positive influence on HIVE price?

👍 demotruk

`author`	abh12345
`permlink`	re-demotruk-qqtvv9
`category`	hbd
`json_metadata`	{"tags":["hbd"],"app":"peakd/2021.03.9"}
`created`	2021-03-31 10:01:57
`last_update`	2021-03-31 10:01:57
`depth`	7
`children`	8
`last_payout`	2021-04-07 10:01:57
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.084 HBD
`curator_payout_value`	0.083 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	536
`author_reputation`	1,357,174,636,699,609
`root_title`	"Upvote this post to fund @hbdstabilizer"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	102,720,442
`net_rshares`	262,869,949,962
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
demotruk	0 B		262,869,949,962	25%

@demotruk · Mar 31 '21 (edited)

$0.11

The impact of @hbdstabilizer is not within a vacuum. We can only compare to 1) previous Steem bull runs and 2) the current Steem bull run, which is a near like for like project technically if not socially.

HBD is tracking much closer to $1 than during 2017 crypto bull market and compared to current Steem bull run. It's also a simple function of basic economic principles that it should work this way.

>Do you think the speculators are aware of hbdstabilizer?

I think the speculators are mostly clueless, and @hbdstabilizer exploits their inefficient pricing to the benefit of Hive stakeholders and speculators. All we can do for those HBD speculators is to inform as many people as we can about HBD and how it works, so that they can make more informed decisions. I actually think the stabilizer being on the front page every day helps raise awareness to the benefit of preventing HBD speculators from making bad decisions.

>And, is it the case that the higher HBD goes, the more HIVE is bought, and in the long run this project will have a positive influence on HIVE price?

Yes.

👍 abh12345

`author`	demotruk
`permlink`	qqtw3x
`category`	hbd
`json_metadata`	{"users":["hbdstabilizer"],"app":"hiveblog/0.1"}
`created`	2021-03-31 10:07:09
`last_update`	2021-03-31 10:13:33
`depth`	8
`children`	1
`last_payout`	2021-04-07 10:07:09
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.057 HBD
`curator_payout_value`	0.057 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	1,086
`author_reputation`	268,382,980,896,242
`root_title`	"Upvote this post to fund @hbdstabilizer"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	102,720,509
`net_rshares`	180,843,034,671
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
abh12345	0 B		180,843,034,671	5%

@abh12345 · Mar 31 '21

Thanks.

I hope that most of the Hive community is aware of the project.  Not that I would normally be speculating on HBD, but hbdstabilizer is another reason not to.

However, I will be holding what I collect due to what I saw in previous Steem bull runs where SBD reached multiples of STEEM before STEEM took off.

properties (22)

`author`	abh12345
`permlink`	qqtwpe
`category`	hbd
`json_metadata`	{"app":"hiveblog/0.1"}
`created`	2021-03-31 10:20:03
`last_update`	2021-03-31 10:20:03
`depth`	9
`children`	0
`last_payout`	2021-04-07 10:20:03
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	315
`author_reputation`	1,357,174,636,699,609
`root_title`	"Upvote this post to fund @hbdstabilizer"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	102,720,651
`net_rshares`	0

@demotruk · Mar 31 '21

While HBD is still not a true stablecoin, it is doing far better than SBD historically during bull markets.


![image.png](https://images.hive.blog/DQma5tnHhJGrXnwuw5utJBkgPkYku1maNK13ZEki1wR7EEm/image.png)


![image.png](https://images.hive.blog/DQmX8bc2LcR52HdM2Z6x7ukQCCNEV2WqiZY2pyWayFJQC5y/image.png)

properties (22)

`author`	demotruk
`permlink`	qqtwlu
`category`	hbd
`json_metadata`	{"image":["https://images.hive.blog/DQma5tnHhJGrXnwuw5utJBkgPkYku1maNK13ZEki1wR7EEm/image.png","https://images.hive.blog/DQmX8bc2LcR52HdM2Z6x7ukQCCNEV2WqiZY2pyWayFJQC5y/image.png"],"app":"hiveblog/0.1"}
`created`	2021-03-31 10:17:54
`last_update`	2021-03-31 10:17:54
`depth`	8
`children`	5
`last_payout`	2021-04-07 10:17:54
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	305
`author_reputation`	268,382,980,896,242
`root_title`	"Upvote this post to fund @hbdstabilizer"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	102,720,632
`net_rshares`	0

@abh12345 · Mar 31 '21

It looks that way on the charts, but the real test is coming in the next 3/6 months I think.  HIVE has fallen in price throughout that stable looking 75c HBD and now it's starting to move, so is HBD.

properties (22)

`author`	abh12345
`permlink`	qqtwu1
`category`	hbd
`json_metadata`	{"app":"hiveblog/0.1"}
`created`	2021-03-31 10:22:48
`last_update`	2021-03-31 10:22:48
`depth`	9
`children`	4
`last_payout`	2021-04-07 10:22:48
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	199
`author_reputation`	1,357,174,636,699,609
`root_title`	"Upvote this post to fund @hbdstabilizer"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	102,720,688
`net_rshares`	0

@demotruk · Mar 31 '21

Also - Steem was mostly pretty flat during the time of the SBD boom in 2017. It's my view that eventually excess SBD value was channeled into Steem by a slow mechanism, and that's what caused Steem to have a boom significantly after the rest of the crypto space.

A full causal analysis is very difficult, but we are in a unique position where Steem vs Hive is *nearly* a like for like, A/B test. Perhaps with a few months more time we will have the kind of data that we can say with confidence what kind of causal link there is if any.

properties (22)

`author`	demotruk
`permlink`	qqtya7
`category`	hbd
`json_metadata`	{"app":"hiveblog/0.1"}
`created`	2021-03-31 10:54:06
`last_update`	2021-03-31 10:54:06
`depth`	10
`children`	1
`last_payout`	2021-04-07 10:54:06
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	536
`author_reputation`	268,382,980,896,242
`root_title`	"Upvote this post to fund @hbdstabilizer"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	102,721,114
`net_rshares`	0

1 reply

@demotruk · Mar 31 '21 (edited)

That's 75p, my local setting on Coingecko is GBP 😅

I think it will be necessary and beneficial for either the @hbdstabilizer to convert HBD when prices are below eg. $0.95 or to be directly funded with Hive from @hive.fund.

That would create Hive inflation from HBD - however as it will sequester the profits back to @hive.fund, the overall inflation should be much lower than it would be if only private individuals were converting Hive and releasing the full amounts on the market (which can in principle have a compounding effect on conversion-based inflation).

properties (22)

`author`	demotruk
`permlink`	re-abh12345-qqtx1d
`category`	hbd
`json_metadata`	{"tags":["hbd"],"app":"peakd/2021.03.9"}
`created`	2021-03-31 10:27:15
`last_update`	2021-03-31 10:28:51
`depth`	10
`children`	1
`last_payout`	2021-04-07 10:27:15
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	566
`author_reputation`	268,382,980,896,242
`root_title`	"Upvote this post to fund @hbdstabilizer"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	102,720,755
`net_rshares`	0

1 reply