HardFork 26::HIVE & HBD PUMPS (Did You Make Moves)

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(Edited)

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The HIVE Blockchains native currencies have been experiencing some gains and dips the past few days. The HIVE currency is currently at $0.56 with a 24 hour high of $0.58. Just a day or two ago the HIVE USD Price reached a high of $0.67. HBD (Hive Backed Dollars) has also seen a nice bump in USD value. The recent 24 hour high for HBD hit $1.22 however the price currently stands at $1.06. Considering HBD is designed to float close to or stay at $1.00 USD there is potential for some decent size gains here. Personally I didn't manage to hit the peak trade opportunities but that doesn't mean I sat on my behind and did nothing. I did manage to do some quick HIVE>HBD trades using the internal market located in the wallet section of everyone's HIVE profile. Hours ago when I noticed the price of HIVE dipped from my trading point and HBD was on the rise I traded my newly acquired HBD back to HIVE to gain a little over 100 HIVE in profits. I also quickly swapped my remaining 100 HBD for HIVE once I noticed the HBD price was way above its usual price of $1.00 USD. There is still time, as I noted HBD current USD price is at $1.06, that is 6% higher then it usually is. HIVE is also still up 10%+ from its starting point of just under $0.50 (the price HIVE was at just before this recent price hike). Trading HIVE is a little more risky as its not a pegged token. Some gains can be made here for those who are in the trading business.

Recent Hard Fork

The Hive Blockchain is no stranger to hard forks. For those reading who might not know what a hard fork is, its basically the HIVE blockchain getting updates and/or changes to its main functions. Below I will list some of the changes Hard Fork 26 will bring to the Hive Blockchain. Hard Fork 26 is scheduled to take place on the date of October 11.

  • The separation of Hive Power and Resource Credits

Currently our Resource Credits is strictly linked to our Hive Power. After the current hard fork takes place that will no longer be the case. The only way to currently loan/give or delegate resource credits is to delegate HIVE Power. With this change we will be able to delegate Resource Credits without needing to also delegate our HIVE Power.

  • Dust Votes Won't Get Nulled

Some might not know this but currently any comment or post that doesn't reach at least $0.02 USD doesn't get paid out. Hard Fork 26 will make it so dust payments get paid out.

  • No More Penalty for Vote Adjustment

Have you ever given out a vote and then realized you wanted to adjust it to a higher or lower vote percentage? Currently the blockchain gives a penalty for such activity (burns a portion of your curation rewards). Once the new hard fork has completed that will no longer be the case. No more penalties for vote adjustments.

  • Time Restricted Votes Are No More

We all seen it, the dreaded notification that tells us we can vote just once every three seconds. This notification will soon be a thing of the past as the upcoming hard fork will do away with such a feature. That is right, no time limit on votes.

  • Keys Change Restrictions

Currently we are allowed to change our keys once every hour. This will be updated to allowing users to change their keys twice within one hour.

  • HBD Haircut From 10% To 30%

Currently the HBD Haircut is at 10%. This will be changing to 30%. For a better understanding on what the Haircut rule is and how it is applied visit the following post: https://peakd.com/hive-167922/@dalz/the-haircut-rule-the-biggest-risk-for-the-hbd-price-or-historical-data-on-hive-debt-and-hbd-price. Reminder: Hard Fork 26 Start Date: October 11, 2022 at 12:00 GMT (Lets do this!).

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27 comments
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It feels really nice to see the prices increases which is a good sign in the Crypto market.
!PIZZA
LUV
!LOL
!MEME

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(Edited)

PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
rentmoney tipped steven-patrick (x1)
rentmoney tipped stuartcturnbull (x1)
rentmoney tipped emeka4 (x1)
emeka4 tipped rentmoney (x1)
@rentmoney(8/10) tipped @captainquack22 (x1)

Join us in Discord!

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I'm still getting to grips with operating on Blockchain, so clear explanations lime yours are very helpful, thanks

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Its always nice reading my content has helped others. Thanks for taking the time to read and comment.

!PIZZA

Posted Using LeoFinance Beta

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I haven't been trading but have noticed the price appreciation. I'm mostly just accumulating HIVE/HBD. Nice jump in value.

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There will be some major changes during HF26, Both The RC delegations and not nullifying dust votes will help newbies in the first part of their journey on Hive.

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I am not a trader and I have nearly all my hive powered up so I didn't do anything. But seeing price go up is nice.

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(Edited)

Most my HIVE is locked up as well. I had some swap.hive and traded that for HIVE and did my HIVE/HBD trading with that. It's times like these spikes and dips that remind me that if I want to trade I should have some of my HIVE liquid.

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This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

Please contribute to the community by upvoting this comment and posts made by @indiaunited.

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I like these two changes:
HBD Haircut From 10% To 30% and Dust Votes Won't Get Nulled
I am also curious to see if another percado is created with the Resource Credits

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Its certainly nice to see dust payments being paid out. I like all the other changes as well. Being able to delegate RC without losing Hive Power is a big change.

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This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating to @indiaunited. We share 100 % of the curation rewards with the delegators.

Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.

Read our latest announcement post to get more information.

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Please contribute to the community by upvoting this comment and posts made by @indiaunited.

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Rips n Dips but im just chillin like a duck at the pond. Good keypoints, i was wondering what was going on. Keep rockin Rent.

!PGM
!LOL
!MEME

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 15 SBT - 0.1 THG - tokens to @captainquack22

remaining commands 6

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

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Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


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