its because hive is(was) on binance and like a billion dollars just was withdrawn off binance lol
this is just a temporary reaction to like people just selling hive to withdraw from binance, many never had a hive account or have one they trust as much as just holding their btc?
Arb bots mostly. You'll probably find that the BTC/hive pairing stays largely the same and the usd value changes when btc changes.. Apparently having your own xxx/USD pair doesn't save you from dumb shit happening to bitcoin.
Probably some anxiety paired up with not knowing what they're buying... Lots of red emits dangerous energy and people that feel fear might just give up.
(I wasn't following the news so I don't even know what's going on...)
it will go back up as people realize u cant sell on binance anymore all at once in big dumps as more people hold hove in new places hopefully a dex maybe people will come ise hive engine i hope someone like @avral from @alcorexchange and golos comes makes a hivedex and leads hiveinaneffort
Price dumbs is a funny term for it 😅
Posted via D.Buzz
Agreed 100%, funny but accurate hahaha
Posted via D.Buzz
its because hive is(was) on binance and like a billion dollars just was withdrawn off binance lol
this is just a temporary reaction to like people just selling hive to withdraw from binance, many never had a hive account or have one they trust as much as just holding their btc?
Posted via D.Buzz
Arb bots mostly. You'll probably find that the BTC/hive pairing stays largely the same and the usd value changes when btc changes.. Apparently having your own xxx/USD pair doesn't save you from dumb shit happening to bitcoin.
Probably some anxiety paired up with not knowing what they're buying... Lots of red emits dangerous energy and people that feel fear might just give up.
(I wasn't following the news so I don't even know what's going on...)
Posted via D.Buzz
it will go back up as people realize u cant sell on binance anymore all at once in big dumps as more people hold hove in new places hopefully a dex maybe people will come ise hive engine i hope someone like @avral from @alcorexchange and golos comes makes a hivedex and leads hiveinaneffort
Posted via D.Buzz
Idk but I feel like not grabbing a little hive under $0.35 is wild and dumping hive under $0.35 is insane…
Personal opinion though
Posted via D.Buzz
I know this may be a rhetorical question but I figured I'd chime in with my humble opinion:
Posted via D.Buzz