The easiest way to create value in HIVE right now is to pump STEEM!
Yes I know most here want nothing to do with STEEM at this point, it was a bad breakup and most would rather move on and not even look back.
Though, with many still having their stakes tied up in STEEM for the next couple months, what's good for STEEM is also good for HIVE.
And since not many people know about HIVE, at least not yet, the easiest way to add value is to have it come directly from STEEM.
And we are seeing a nice little 'value-adding' move in STEEM right now:
(Source: https://bittrex.com/Market/Index?MarketName=BTC-STEEM)
With many of the largest whales on STEEM and a large portion of the active community from there committed to selling their STEEM for HIVE, the more value STEEM has, the more value will ultimately flow into HIVE.
For that reason...
Go STEEM go! :)
Stay informed my friends.
-Doc
What about a HIVE/STEEM plot? That would be helpful.
Yes STEEM pumping is good... that is if you can power down and dump before your balances are frozen.
Steem might get pumped by Tron but eventually it will dump.
Oh. How sweet it is.
that's a funny pick
Thank you for the explanation. Now I understand Why Steem price pump go go go
Hey, @jrconel.
I managed to catch just the tail end of this, before it started tilting HIVE's way again, but I went ahead and converted the bulk of the STEEM I had available for HIVE. I could have done better, but considering up until this morning I was looking at a difference of 400-500 HIVE for the amount in STEEM, I'm feeling okay with an actual deficit of 60-ish STEEM : HIVE.
"nothing to with" -> "nothing to do with"...
Woo hoo .... Steem to the Moon.... $8 soon....
I think sun will wait until everyone converts after 12 weeks then pump steem to 8$ and dump his 3 million hive.
j sun - is angry chinese )
It will serve to get more HIVE into stronger hands with many people converting STEEM over to HIVE.
This will only help Hive long term.
Got my second batch of powered down steem minutes ago. Will convert it into #hive as soon as possible :)
free taping for hive when steem pumps
I wonder what’s causing the spike though, either ways it’s good for all of us here! Milk it while you can some good old arbitrage never hurt
It's all good as you rightly said.
that... just doesn't make sense.
Well honestly I do not understand, ¿should not lower the price instead of rising?
Good point ... like it or not, we still have an investment in Steem until all the powerdowns are done -- three months from now. It seems strange to want anything of value to fail right now, when many people are still using Steem as their margin of survival around the world.
what is the best way to get steem from steem wallet to a hive wallet. step by step please if someone has the time.
Power down and use blocktrades to convert steem to hive
Good time to cash out all the Steem holdings?
You wish,
But most need to wait for their power down.
I'm just dumping it into Splinterlands cards :)
I could dump some :)
what kind of logic is this?
Hello @jrconel Glad to see steem is pumping. People just want to learn about taking benefits from the both coins whenever they pump.
I'm just happy that both HIVE and Steemit are seeing increased attention. While there are principles tied to the whole HIVE v. Steemit issue, I'm just happy that we're seeing increased competition between the two. Regardless of which platform people choose, that'll strive both platforms to keep improving. Maybe soon, we'll see HIVE and/or Steemit reach Reddit levels of user counts 🙂