He discusses it further in other posts.
Ping me if you comment on it, I'm interested in finding out if this is true.
I do know that I went from running 6 bots to 0 bots in h-e markets due to lack of volume two summers ago.Man, it took a while but I finally found the original claimant: @yintercept.
https://peakd.com/hive-167922/@yintercept/hbd-v-hive-engine
https://peakd.com/hive-167922/@yintercept/we-will-need-636-new-dolphins-to-absorb-the-hbd-interest-in-2023
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It's hard to take stuff like this seriously when it is so blatantly wrong in places like this. There is no 5% fee in HBD conversions. It's 0%.
And the way Hive to HBD conversions work is totally different as there is no wait and the HDB is delivered immediately.
And then all this math assumes zero percent growth rate and 100% dumping.
And that USD doesn't go down in value.
Guy doesn't know how this stuff works.
At all.
If HE tokens weren't shit people would buy them.
If 20% gains a year is better than the token then it failed.
I was making much more than 20% running those bots, they paid for themselves in a couple months and then BAM!, nothing.
It was like somebody flipped a switch.
That happened about the time hbd interest went up.
Yes, some hiveucation is in order.
But, I think he is right about the timing of the switch flip.
!lolz, I guess so.
I'm looking at them as a cheaper alternative to 10usd hive.
They work basically the same.
I have little experience with HE tokens so I believe your lived experience.
It also explains why beeswap is always out of Hive and will pay users to deposit it for swap.hive.
At the same time bear markets have a way of killing volume as well.
The 20% move came significantly after we peaked.
It was 12% before that.
So yeah of course HE was gutted the bear market killed it.
20% yield just a nail in the coffin.
Check out the chart Hive was 35 cents as early as June.
Wrecked.
lolztoken.com
Put it in the microwave until its Bill Withers.
Credit: basilmarples
$LOLZ on behalf of antisocialist
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ENTER @WIN.HIVE'S DAILY DRAW AND WIN HIVE!@edicted, I sent you an