Hive Trading at 32 cents.

in #hivelast year

I don't know about you guys, but there seems to be a clockwork in the market. Some exchange steals a ton of bitcoin and the dollar price of bitcoin goes down. Could you imagine if everytime someone robbed a bunch the value of that fiat would go down? We see the value of fiat going down when prices denominated in that go up. Oh wait we do see that. The supply of Bitcoin is slowly growing but stealing doesn't effect the supply of Bitcoin. Mr. Market, you're wrong. Hive may not be a legal tender in some country. When the market hits bottom, it is time to get out of the stable coin.