Discussion on the development of HBD today [02 April 2021]
As we know, several Hive.blog developers are working on a strategy for HBD, so that the value of the HBD will reach at least $10. Many said it would be easy if this HBD was not just selling it at a cheap price.
It is my understanding that HBD will increase if someone can buy at least 50% of the HBD's capacity, and hold on to a high price or not sell it at a low price.
The account from @hbdstabilizer is also developing the HBD price, the main target HBD price is over $1, and now that has been proven.
The benefits of the @hbdstabilizer program are numerous, including "The @hbdstabilizer buys a Hive account on the open market with HBD when the HBD is above $1.00 USD. This puts selling pressure on the HBD (when the HBD is above $1.00), which helps stabilize the price of the HBD. This puts buying pressure on HIVE, which helps HIVE prices go up.
If you pay attention to the graph above you will know that the movement is improving, even though there is a decrease, in my opinion it was only for a moment and the HBD is back up again.
I also read the post from @blocktrades about the development of HBD, Blocktrades said the HBD would increase if the HBD market held its low selling price.
But, in my opinion, there are only two reasonable possibilities: 1) a completely random increase by really bad speculators (relatively unlikely I think) or 2) an attempt to pump the price by someone who has previously acquired a fair amount of HBD (this is most probably the reason, in my opinion).
I think what they said is very precise with what's going on in the market right now.
The current HBD price is 0.00002923 Btc, or the equivalent of $1.7 USD. It has also experienced a very high decline of -29%, which was previously at 0.00004299 Btc or the equivalent of $2 more.
According to my understanding, this program really helps or boosts the price of the HBD, this is a good step, and it will work.
Our hope is that they will be successful, it will be a big win for all of us.
Share this post, so that other people can also help boost the price of HBD, in what way I have explained above.
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