You are viewing a single comment's thread from:
RE: Daily Steem Price Update 10/3/2020
Generally now but depends how you think about it, I mean Steem could go down if many move to hive and power down. but for now roughly the same amount will be invested between the 2 blockchains, unless one chain gets somewhat successful.
if all move hive then hive price go up?
If that was to happen then yes the price of the Hive token would go up.
but then steem price be destroied?
If and that is IF everybody converted to hive then yes the Steem price would be destroyed unless some else invested alot into Steem after the move out.
this must be big worry for who have invested still on steem
For everyone of us who as remained with any Steem currency in their wallet brought with fiat or crypto is indeed at risk.
so is it not best to move to other chain?
I guess it depends on what you mean by moving, as you can either dedicate to hive or move your Steem there but you must remember our accounts are already on hive.