There are many who say that Koreans pump when the Hive draws a long green candle. Is there any particular reason. This is normal if the goal is to make money.
In this bull/bear cycle HIVE has always been trading 3 times that of STEEM. So if this correlation holds good, HIVE should be 3x0.23= 0.69 is the par figure for HIVE. I think that's playing out nicely so far.
I don't think so as a lot are shorting it now. Binance is out of Hive to lend those shorting since I checked it yesterday. :)
I am impressed with the bulls as they can keep pushing the price up despite the amount of shorts.
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It's currently $0.66 :)
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Fantastic!
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It's currently $0.71 hahaha!
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Wow! It seems they are on the move to making it to the dollar.
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Now HIVE is attracting everyone's attention.
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It must be :)
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They just need to buy more HIVE off the market ;)
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Agree. :)
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Let's watch and see
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Enjoy watching
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Is possible I think this is the best time to bag more hive.
It has now reached $0.71, getting interesting to watch.
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Yeah...
That thought is good, we shall see how it goes.
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Like a bull!
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Depends upon how far the Koreans pump it.
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Why do Koreans pump it?
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Because they are best at it:) Not the first time. Historically they have a long list of pumping a few coins. This time they are doing it with HIVE.
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That sounds great. They must be having fun hehe
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Hahaha! we are having fun too :)
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There are many who say that Koreans pump when the Hive draws a long green candle. Is there any particular reason. This is normal if the goal is to make money.
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Because they can play the market and make money. They do it every now and then
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I get it, but a lot of whales do this.
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That's true. Yet another perk of having big buckets of money hehe
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TM explained briefly below.
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Yup, that just about sums it up
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They have a closed exchange so nobody from the outside can arbitrage it.
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I understand now. Thank you.
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I hope it does. $1 Hive during this bear would be a big push for Hive .
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In this bull/bear cycle HIVE has always been trading 3 times that of STEEM. So if this correlation holds good, HIVE should be 3x0.23= 0.69 is the par figure for HIVE. I think that's playing out nicely so far.
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Steem technology is far behind, such a difference is normal, it may even be x5 in the future.
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Such a rise is quite remarkable in these days when we are in a bear market. I hope we see the $1.
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Not likely we hit it unless something fundamental changes with Hive such as a lot of users coming from a hit application.
Perhaps RC delegation might change something.
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Just reading about the Rc delegation project. It's something most of us never saw coming. Can't wait to see how it affects Hive positively.
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Yeah, how fascinating it is!!! When BTC is struggling to make a way, HIVE has its own way to rally like a bull market.
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Yes, it is quite fascinating. This shows the power of HIVE.
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I think the dump will happen before that
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