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Head to Head!

avatar of @holm
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2 min read

This is just a bit of freewriting of my feelings and thoughts about Hive and what's going on with steem. It's funny to see how Hive and Steem are bouncing around each other on the rankings. Although I gotta admit the volume of Hive is painfully low, actually much lower than I would have expected after a number of exchanges opened up for trading Hive.

I also think that Steem probably has a bit price manipulation going on, or the very least Justin Sun is dragging in some larger investors behind the scene. Regardless it is safe to say what we see on Steemit/the steem blockchain is straight-up some dark dystopian thing. Here are a few things I've noticed:

Most people who writes something with hive are getting blacklisted from all front-ends. Since it's only loyalists of Justin the nodes are controlled by him. So one might even get blacklisted on eg. steempeak.

Poloni... what?!

When you want to sell your Steem, you are now getting directed to... you guessed it! Poloniex with trade between STEEM/TRX. I mean, I guess it makes sense given the circumstances. It just took me off guard when I am used to trading steem through @blocktrades.

Of course when I trade I still manually go through there. There's no way I will be selling any steem through that shit exchange of Poloniex lol. The only actual exchange I have some sort of trust in is Bittrex, so they are the once I stick to.


Personally I really don't mind the price getting pumped on steem a bit, gives me more time to get out. I think I have enough Hive, hovering over 50k. So I probably gonna take some "profit" off steem since I did, in fact, buy most of my steem at 14cents and maybe put my money into other projects I believe could work out great. (I have a crush on ETH).

It also seems like Steemit is using its stake to vote loyalists. So yeah, this could almost make a good movie of some dark dystopian regime takeover. It's gonna be interesting to see if steem is, in fact, gonna rise in price or if it eventually will lose its "steam" and fall flat on its face. Regardless I will probably not be around to witness any of it. By the time I will have sold all my steem and be happy with investments I believe in.

Edit: Also recently it seems like that the new steem witnesses is creating a fork to freeze certain accounts. What accounts seems unknown but it looks like some of those who didn't support Justin are about to get attacked. What a shit show.


How are you guys feeling about the whole situation? Do you feel like Hive has a shot at being successful?