Fragile Pegs

Being an ignorant and lazy clown has it perks, like avoiding the whole Terra Luna and Celsius disasters with zero effort and maximum chill points. That being said I still feel a bit anxious seeing HBD fall below $0.9 because in my mind HBD should be getting closer to the behavior of an actual stable coin and not wonder about like that.
And there's also that initial impulse of panicking at the thought that this could be another mini disaster like the ones mentioned above, because there's must be a reason why HBD is not behaving as it should after all that pegging, right ? Of course panicking is never a good idea, but I'm sure I'm not the only one uneasy about sudden movements these days. All crypto decisions should be taken calmly and with zero fs given :P
And speaking of zero fs, I haven't seen anybody talk about our little pseudo-almost-but-not-quite-a-stable-coin acting up. Or maybe it has to go even lower before alarm bells start ringing ?
Regardless, if you have to use HBD in times like this you're gonna lose a decent chunk of value which is definitely not ok for a wanna be stable coin. I think we should all grab our giant strap-ons and give HBD a good pegging. What ? you don't have one of those ? you'll just have to improvise then
Ps: I tweaked the meme a bit so that the crypto theme would fit the original interview:
The thing about this is... There's like $1000 worth of liquidity on these CEX's. Hive's internal market and pHBD are more accurate because you can actually trade there. Spicy memes though!
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I'm a simple pleb, I don't question peakd's/coingecko's accuracy :P But it begs the question why peakd doesn't use the internal market stats
i too am a simple pleb but i question everything
Posted Using LeoFinance Beta
I'm not just simple but also lazy, questions require effort :P
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glad you liked it :)