A Successful Transfer of HSBI

(edited)

It recently came to my attention that HSBI can be directly transferred from one user to another (this is done manually by @josephsavage who runs the HSBI program). I transacted on agreed terms with @geneeverett to make this happen - for the price of 1575 $HIVE, I received a total of 3300 HSBI spread across 2 accounts (I will be posting about this second account later this week!). The cost was slightly under 0.5 HIVE per HSBI Unit, which is a very good deal.

For those interested to see how this all worked out, here is a link to our conversation.. I'll also include an alternate link for a different frontend.

I just added information about this transfer to my recent updated write-up about HSBI. For those who don't know much about HSBI, I think this write-up is an approachable guide to understanding the program. The program's founder also wrote up some comments and answered questions in the comment section. He's very approachable!

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8 comments

[@PowerPaul:]

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That is really nice deal.
Congratulations

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Good. I was thinking about gene's offer and I just didn't have the liquidity at the moment. With program overcollateralization calculated recently at 0.91 HP per unit, this is a no brainer for anyone who plans to use HIVE for any length of time.

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HSBI's power definitely stacks up over time.
!PIZZA

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I'm glad that deal worked out so well for you both!
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