Hive's price is going crazy: Can you tell me Why?
I don't usually check the price of Hive not because i don't care but because even if Hive reaches 1$ i will still hold. You see i got around 5k of Hive that slowly and steadily reaching 6k.
I have delegated the 4k to @leo.voter and when i reach around 6.5k i plan to delegate 1 more to leovoter and another 1 to the ctp community. Now let's assume that when the price of Hive reaches 1$ i will have around 6k of it.
That means that i will have around 6000$ worth of hive which is a quite fair amount, to be honest, but for accumulating that amount for around 3 years it's not much to be cashed out.
I was checking the price of Leo as usual and i my eye caught Hive as well. Below is a screenshot of a couple of minutes ago and as you can see Hive from 39-40 cents increased to 50!
That's quite big if you ask me but i have no clue as to what led the prices to increase. If you take a look at btc it's dropping a bit so that's not it.
Then i thought maybe it is the result of @leofinance with all the people and investors that attracted. Then, i also thought maybe @aggroed has something to do with it with his diesel pools. Maybe it's both of these as well as the work of other tribes. Add @blocktrades to the show with their constant work!
Now call me an idiot or whatever you want to, but i checked the price of Steem as well. Below you can see 2 different diagrams, can you spot the differences? Can you tell which is which?
That's the diagram for the last 3 months of both Hive and steem, with the first one being steem's. As you can see the diagrams are almost identical and i don't really know why.
Hive has done so many amazing and different things whereas Steem and steemit did almost nothing but an integration with Tron and then the usual milking of the rewards. Check the price of steem below.
So let's get back to my initial question. Does anyone know what's up? What's the situation? and why we are following an identical path price-wise with Steem?
I have checked this other times as well and when we get a dump steem does the same as well and vice versa. This is a simple question with no ill intentions behind it, maybe a stupid one if you wish but i still need to know!
On the other hand, i am extremely happy to see both Leo and Hive pumping because that means that my "wealth" is increasing as well!
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