First sell off of my HIVE
Today marked my first trade of HIVE for BTC. It is interesting to see STEEM standing up to the sell off pressure pretty well. My guess is that STINC is doing some behind the scenes wheeling and dealing to support the coin. For that reason it is my decision to hold on to my STEEM, for the time being, to see what happens with atomic swaps.
Although today's HIVE price sucked, in my opinion, it is hard to imagine what will keep the HIVE price even at today's level once those that are going to Hive have powered down their STEEM and bought HIVE with it. Time will tell. My hope is that it does not go to dust for those that decide to support the new sister chain, yet it is hard to imagine otherwise.