Steem Price Hike - A Blessing or Impending Disaster?

in #hive • 4 years ago

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Image from @coingecko

Steem get back on top 40 market cap. This is definitely because the newly announced Hive blockchain fork that is going to happen soon. But we really should be asking questions on this:

  • Who are buying STEEM on such high numbers? How can we be sure that these are not the very same people that are trying to centralize Steem?
  • Will the newly bought STEEM be dumped immediately after the snapshot taken?
  • If STEEM price stays high, will it be a beneficial or detrimental thing for Hive and its price?
    Those are some things that comes into me when I saw this particular development. I hope the stake war doesn't just move to Hive.
#steem #steemleo
4 years ago in #hive by
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