Can HBD price reach 5 usd near future ?

in Proof of Brainlast year (edited)

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I believe that everyone who do blog , game or anything about hive will know what is HBD . But , if you new in hive.blog this is always the best definition to explain what is Hive Dollar which u can get the fact from Hive.blog Faq

This is HBD:

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The other question is will 1 hive dollar always worth $1.00

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Let make some explanation , so today u receive 2 hive dollar because you get reward 4 usd on your curation , which is 2 USD being transfer to your HIVE POWER (50 % reward ) and 2 usd become 2 HBD . So, your wallet hold 2 HDB .

The other question is can HBD worth 5 USD near future . This is always depends on supply and demand on hive-engine market. Few days ago , we can see that 1 HBD is worth 10 hive .

If do the exchange to 10 hive is equal to 3 usd , in other word few days ago 1 HBD is equel to 3 usd.

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If you realize here , currently we only can buy 1 HBD for 10 HIVE ( 3.01 USD) while if you only can sell 1 HBD for 2.6 hive (70 cent) . I believe if HBD demand is rising , we ll see HBD price growing . This chart or HBD demand on 10 hive might a signal that people want to buy HBD in future . Or is this another type of manipulation from the whale. Personally , i hope HBD can increase its value which mean more profit for those who holding HBD.

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EDIT TO ADD SOME NEW INFO

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Source : https://coinmarketcap.com/currencies/hive-dollar

All time high for HBD USD 2.68 is at 1st April 2021
While Hive price in 1st April to USD is about USD 0.81

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Source : https://coinmarketcap.com/currencies/hive-blockchain/


Posted via proofofbrain.io

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Yes. And it can even worth more than that. It is just a matter of time. Once the buying pressure grow. It will force the price up.

cant wait to see that in future


Posted via proofofbrain.io

The buying pressure is building slowly but surely on the exchange. I suggest to use leodex for less deposit withdrawal fees. There is also a market for HDB/Hive with better prices.

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https://leodex.io/market/SWAP.HBD

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https://wallet.hive.blog/market

Have a good day.
Peace

yes.. more demand on hbd is good . i hope it can go much higher.


Posted via proofofbrain.io

The sale price doesn't mean the real market value of something. If you want to pay 10 Hive for HBD you can fill that order, or you can go to the Hive internal market and buy cheaper.

 last year Reveal Comment

Downvoted due to @hakeemshah96's insincere copy-paste spam compliments.