Fearless Prediction - STEEM price won't tank after the HF - Neither will HIVE.

in SteemLeo5 years ago (edited)
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It certainly is a bold prediction. I tend to think the selling pressure on STEEM will reflect the run up. Plus there is a lot of STEEM in liquid for that will hit the market.

But we will have to see what happens.

Posted via Steemleo

Can't wait to see what happens. I just think there are people on both sides with the means and motive to heavily defend their preferred tokens price. May not last, but to begin with, there is a P.R. war to be won, and a big dump doesn't help that cause.

Time will tell.

If Sun dumps his HIVEs, it will be very good, on the long view. First, the price will drop but will recover as the blockchain goes stronger. Second, we will not fear Sun trying to dominate HIVE, because he sold all his HIVEs. It is a win-win idea for us.
!trdo

Posted via Steemleo

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I agree, and that would be my preference. But I just get a feeling that there are some other games being played here. Not saying the price won't drop, just that I don't think it will totally dump.

Well, all anyone can do is guess! This seems like as good a theory as any. 😁

It's going to be interesting times.

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