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RE: Burning Mechanism Can Save Hive From Continuous Dumping || HIVE at $0.04
That's one thing that can alleviate the downfall. But we need to determine what is causing the continuous selling pressure: are the users or the DHF spending.
Spending more than half a million on this, doesn't look healthy or good for HIVE.
0.00017543 BEE
The HBD stabiliser is probably the one proposal I'm 100% happy to vote for, because it just swaps between HIVE and HBD, there isn't someone actually taking DHF funds completely out of the system.
It's the proposals that get put in with a "trust me bro" business plan that I hate, where someone is paying themselves for dev work but where the explanation of how it's worth the money spent is all fluff words and hand-waving.
I keep arguing that the DHF should be making loans not gifts.
If the funds are not going outside the system, then where are they being spent? And what is causing so much selling pressure?
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The main reason could actually be the DHF spending itself. Spending such a large amount is certainly not good for HIVE.