My old thoughts for hive and steemit: hive, Blockchain

Today we're discussing about steem and more specifically steemit a platform people were making good money wasn't like crazy later on a few months after that yeah some people were getting paid up to a few thousand dollars for posts but the very beginning of steemit when people were making $10,000 per post that's when there was a lot of movement going on however I got a couple of hundred dollars from a whale a steem whale and that's when I was hooked with the platform was like this is it screw everything I love decentralization, I love the idea, however, the founders behind steemit well they've moved on to yes and other projects because there was a lot more money in it,steem was worth millions and millions of dollars but these guys were looking for billion-dollar valuations and they did get that man Justin's son.

steemit is up its up 38% and now is a crazy time because you go to coin market cap and bitcoins down etherium is down ripples down everything's down you know tethers upright because people were just going in to tether away when the economy's,frickin crashing all around us, if you look at the market cap we're at 150 billion and sure it's stabilizing a little bit. but what's been going on recently is very crazy so on February 14th.

Because this is the first time I saw wow something is going on with steem fell so far back and it used to be in the top 50 coins it's already 56 right now the volume 20 for our volume is fourteen point eight million dollars but it used to be so much better, we're gonna find out a little bit more and here's how we got to the bottom of this I haven't been uploading on Steem in a while but a home and good times the market cap was over 1 billion here it was a two billion dang that is crazy and the price was eight dollars and eight cents and Steem.

But I've seen the launch of hive blockchain what's this that this steem community just leaves steem what you need to know about the blockchain hive and I just keep seeing more hive and by Nantz hive and there's more hive so what happened essentially the reason it pumped so crazy a few hours ago four hours ago as you could see lots of volume right here what happened was the steem community to back what they originally had and just and so on what they were upset about that he took away from the steem community plans hostile hard fork to flee Justin Sun steam it so I planned it yesterday and today the coup happened for this initial hard work one key thing will change the tokens from the original Development Fund controlled by steemit.

Justin Sun an airdrop is happening some people make some money out of it I'm sure Justin Suns not gonna be too happy about it and by Nance's already announced its intention to support the hive airdrop its users will not need to withdraw their steem to claim hive tokens but there are no guarantees that the new token will be listed on the exchange the high platform will initially only make small alterations the steem coach will allow the community to decide in the future of the platform so that's that for steem well thank you so much.