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RE: Users Converted Over 1.2 million HBD to HIVE During the Dip this Month
The chart shows a steady decline. If the is the result of a downward pressure from the high interest on HBD; there is no reason to believe that HIVE will pop in relation to BTC.
HIVE, along with all of the alt-coins on HE, probably would pop if the witnesses significantly dropped the interest rate on HBD.
0E-8 BEE
HBD needs a 10% APR just to break even against USD inflation, but I wouldn't mind seeing a drop below 20%. To be fair, I am heavily weighted toward HP vs. HBD. There is some self-interest. Does the charted decline coincide with the HBD APR shift?
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