Steem Thriving , Hive Diving?
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So today I fully expected another dose of Steem price heading South but much to my surprise it was at $.18 . I have no explanation for this and I want one!!! I thought everyone was dumping steem even though Im holding mine.
But I was surprised to see Hive price diving. I expected this a bit as things settled but price wise there doesn't seem to be much difference at the moment between the two.
I can't say that means too much because there is a ton of work being done by people in the hive community and I can't find any info on what is to become of steem. It would be nice to figure out where to hang my hat. I like both.
Steem is part of my past and hopefully future and Hive is just my future if they can make it work.
Blocktrades.us has a STEEM/HIVE pair. You probably should have played the bump in the price of STEEM.
There are some huge players behind Justin Sun.
As people power down over the next couple weeks, I would expect there to be a strong gap with HIVE out performing STEEM. It will be extremely interesting to see how the platforms fare after the power down period.
Sun has big connections in China's financial community. HIVE made a huge mistake when it failed to do a trademark search on its brand name. It would be fun the play the gap between STEEM and HIVE in the short term. I wouldn't want to play it for the long term as there are too many unknowns.
PS: I am staying active on both platforms just to see what happens.