HIVE Coming tomorrow and Exchanges Participation in Steem Hardfok
Hello Steemians,
With every passing hour, we are getting closer to the launch of our new blockchain known as HIVE And there are more post updates tweets and a lot of things are happening about the brand-new hive blockchain.
I have seen a few exchanges coming forward and supporting this hard fork of esteem and distribution of new token high for all the users who are holding some balances in their wallet. As we all know the distribution ratio is going to be one is to one that means whatever balance the user is having at the time of hardfork in the wallet and the same amount of HIVE tokens will be distributed.
Exchanges are also participating in this and since yesterday till now I have seen few exchanges like Binance, Huobi and even Indian exchange WazirX has confirmed that they are participating in this hard for and the new token will be airdropped all the users holding in their wallet. Out of all these names by Nancy is truly not reliable from my personal point of you because recently they have played a very dirty game along with Justin and that is why the community has gone ahead and decided for the hard fork. Who will be seen to be a good one however I never had any trade on their platform so can't say whether they should be good or bad.
Now talking about India WazirX is the only exchange who has done steem listing last year in their platform as a part of their rapid listing initiative. Since it was done through their rapid listing so there are some restrictions with the wallet and they have not yet enabled deposit and withdrawal of Steem token. Only trading can be performed on the platform and as a part of trading whatever balance is lying there will be considered for an AirDrop at the time of taking hardfork snapshot.
Binance tweet- https://twitter.com/binance/status/1240267889933860867
Its nice that Binance has come forward to support this hardfork but I have lost my trust with this exchange. I know that they have many users but I am not going to use their exchange anymore because my steem is still stuck and it shows wallet is suspended. I am bit relaxed because I will be getting HIVE there too for the amount of steem I have there but later once I get the withdrawal then I won't ever go back there.
Apart from hard fork and airdrop of the new token #steem Price has also been a hot topic since yesterday and it's pumping so much. Steem and Steem Dollar both are going up and up and it seems like people want to have more and more tokens to get a bigger airdrop.
It's really difficult to say what would be the price of Steem and Nyu hype token after the heart for but looking at this price it looks like majority of people are excited and buying as much as possible. I've been eyeing for this price since long for steem and SBD both and now when we are going to have a new chain then steem is like mooning.
I also noticed that I received HIVE in place of STEEM as per this esteem app notification. Looks like development team has started pushing changes and things started changing
Few dapps like Actfit, esteem, etc have already confirmed that they are joining a new chain and it will help to have a smooth experience in the new chain.
From now its just a day time left for new blockchain to get live and Friday is going to be exciting for us when we will have HIVE live.
What're your thoughts about HIVE? Are you going to join this new chain or you are planning to work on both?
So stay calm and wait for HIVE ON!
Thank you so much
@tipu curate 2
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Dear @alokkumar121
Definetly both.
Did you expect such a huge price jump? Recent spike in price of steem has been incredible. Surely more than I expected. I wonder if we will experience huge crash right after airdrop.
Friend of mine suggested, that it could be Justin purchasing a lot on some of his proxy accounts. Knowing that he will get large amount of new HIVE token. Knowing also that witnesses will be powering down and trading steem to HIVE. So he could sell his HIVE tokens, earning quite a decent amount of money. Knowing that demand for HIVE token will be very high in upcoming days.
ps.
I wonder if we will witness and large stakeholders will dump their STEEM right after airdrop on new HIVE chain will take place.
The truth is, that if old witnesses will power down right away and dump their steem - then they may damage part of Justin investment and make him lose out little bit. But it's most likely just a small % of his porfolio.
At the same time all of us, those who invested their live savings into steem will suffer the most. Our investment will be crushed, without much of a chance to do anything about it :(
In my opinion blocktrades and other large accounts, who will build their fortune on migrating community to new HIVE chain - they should wait a bit with dumping their steem tokens. To allow others to do it as well. Just my 2cents.
Yours, Piotr
Hello dear @alokkumar121, thanks for sharing your work.
A very exciting week friend, without a doubt, there are days of uncertainty regarding the price but I think that everything will take a good course.
Regarding my participation in Hive, I have decided to be in both chains until I can do it.