You are viewing a single comment's thread from:

RE: High SBD price has worked against Steem - the heavily indebted blockchain.

in #hive3 years ago

I always wondered if Sun was buying up the sbd supply. If he was that would be interesting if sbd is dropping significantly in price.

Sort:  

I don't think there's any good reason to think it's any more than just Korean speculators buying it up exactly as they did in 2017/2018. Just gambling as they are with pretty much any token out there.

I suppose your right but wouldn't there had been more invested into steem if they were aimlessly throwing money away? Or was it that Sun pumped the market at first, paving the way for the asian gamblers and then started pulling out as the bull run came to an end. I dont know i am just pontificating. Great article though! Way cool Hive is actually paying down its debts.

Is Hive based on Amazon servers like Steem?

I suppose your right but wouldn't there had been more invested into steem if they were aimlessly throwing money away? Or was it that Sun pumped the market at first, paving the way for the asian gamblers and then started pulling out as the bull run came to an end. I dont know i am just pontificating. Great article though! Way cool Hive is actually paying down its debts.

It can simply be explained by the fact that SBD is vastly less liquid than Steem at a much lower market cap, and thus more easily priced by pure speculation.

Steem is on many exchanges, where SBD is only on UpBit and Bittrex.

Is Hive based on Amazon servers like Steem?

Every witness will decide where they host their servers individually. When I ran a witness I certainly wasn't running it on Amazon, but I'm sure some are. You can generally expect the witnesses to give such info in their witness updates.

https://hivekings.com/witnesses

https://www.google.com/amp/s/www.forbes.com/sites/rogeraitken/2017/01/17/fintech-steemit-migrating-servers-to-amazon-unveils-blockchain-roadmap/amp/
Its been a while since i was active on the blockchains and my memory is rusty. But what was the deal with this?

That was just Steemit running their web services on Amazon. Nothing to do with how witnesses run nodes.

I wasnt asking about nodes. I was asking about the server. Maybe my memory serves me wrong but because Amazon was hosting steem a plethora of weird issues happened and even a weird statement from Ned pertaining to copyright issues from the new partnership.

Well Hive has a broad range of front ends, many are open source such as Condenser (the app that runs on Hive.Blog, which anyone can run). Some probably are running on AWS, plenty are not.