Hive over $0.7 | BSC problems

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Awesome stuff going on around HIVE at the moment! I was casually monitoring the price and suddenly, saw a big pump. Pumping it all the way to $0.6~ and then it kept going to $0.7 -- unfortunately, it hit $0.73 for a split second before dropping.

So I thought that was it, this was the price we were going to see for a while, but I was wrong.

Literally, moments after another pump happened and HIVE, as of writing this post, is $0.75.

This is crazy! So happy that I HODL :)

BSC Problems

Unfortunately, people who use bLEO and CUB have been having issues today, Binance Smart Chain nodes are having issues, preventing people from transacting or even browsing the chain freely. While having an Ethereum fork that is a lot cheaper backed by an exchange is nice, it is the same exact thing that creates trust issues in people. When we consider the fact that Americans cannot easily use Binance without procuring a VPN and potentially risking being banned, BSC has a very high bar of entry. And also, currently, the "pegged" tokens are pegged by Binance, which means, if something were to happen to Binance, I am assuming the peg would be broken too.

Hopefully, I am wrong regarding this and BSC can be a bit more decentralized soon.

Posted Using LeoFinance ^Beta