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SWAP.STEEM price has pumped, let's buy BEE instead

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@ecoinstats
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Both HIVE and STEEM are getting shaken by the dominant waves in BITCOIN. The dominance is flirting around ridiculous heights.

We have seen it as high as 67.7% recently, but it looks like ETH is still showing its usefullness.

HIVE (and STEEM) on the other hand, are mere spectators as more and more people are convinced of BTC FOMO they may continue to draw down in the short term.

This internal, low volume market seems to be frontrunning either a more distinguished drop in HIVE vs STEEM price, a STEEM price pump or just someone paying a small premium to get STEEM. Since we prefer to make money on trades, this market is going in the wrong direction for us.

Bring on the BEE!

BEE has happily dropped to a range between 0.4 and 0.6 HIVE, and while we think it will go lower (eventually), this is fine price range to consider making a token (cost 100 BEE).

Again we are back at the USD cost of 12-13 dollars to make a token, which we consider to be pretty darn reasonable.

Remember that BEE is being mined constantly, so just put in your buy orders and bee patient. Over time the sell side will fill out with more volume, but they have only been mining a week or two, so the market it quite tight on supply.

This is not investment advice, always do your own homework. BEE is less about holding value in a token, and more about what you can do with it. Creating a token, activating different hive-engine services for tribes, these are the uses for BEE, which may indeed need to get cheaper over time.