RE: pHBD is 1:1 Backed with HBD On the Hive Blockchain | Mechanics Deep Dive by taskmaster4450le

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hive-167922 · @taskmaster4450le · Apr 23 '22

The reason to keep pushing the pool deeper is so larger amounts can be traded without major slippage.

Hence if we are going to move $150K, the pool isnt deep enough.  Might need to have $3 million for that.

So right now I guess someone could move a few thousand without worry of slippage.

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@rtonline · Apr 23 '22

This is what I mean in general. Things will get easier as the pool gets deeper. Wealthy investors who see this depth and potential will see more to come. That's why exceeding $1M is so important.

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@taskmaster4450le · Apr 23 '22

Yes with a million then you might be able to do up to $50K without too much of an issue.  Could have to do that in two transactions but it wouldnt be too bad.

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@rtonline · Apr 23 '22

Convenience is always important in the crypto market. If you offer investors the convenience of selling, that doesn't mean they will sell. People who know that they can easily sell in the future make more buying. We are talking about a stablecoin. It is very important to pave the way for stablecoins to be bought and sold much more easily. It should say better to hold HBD until investors hold cash.

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