RE: Has the HBD depegged ?
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It would be nice to get more clarity on it and it has kept peg for a long time. I assume someone can still do the internal conversion but the debt will hit 30% at $0.024 HIVE price and then i think the peg would move to $0.50 worth of Hive for each HBD
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Hive needs to stay above .0413
https://hive.ausbit.dev/hbd
Yikes 😬 What are they saying about it? Im just wondering if it makes sense to short it ?
Not sure what happens when Hive hits .0413
Well i have to think about it more but people in HBD have to be getting fidgety and will try to take it out and if they can't just trade on the internal market they will try to do the conversion and potentially sell the HIVE.
They could do an emergency fork and change the debt ceiling to 60% or something and all change to 5% interest on HBD or something to avert trouble. Otherwise i think the internal conversion would go to $0.50 worth of hive for each HBD
Yes. I heard that HBD will drop to .50 … . The same as SBD