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RE: The HIVE FAQ 😲⚠️📢

in #hive5 years ago

But be mindful that if 99% of all dapps and middle-layers migrate to the new chain (very likely) then you will have no one but Justin to trade with.

You could sell on the exchanges I think, although the price might plummet after the fork. But there are always people trading steem even if they're not actually blogging/vlogging on the steem blockchain. I've come across quite a few people who are simply traders and never post anything on steem. They just buy and sell whatever crypto that interests them and that includes steem.

Just my 2 cents, but yes, the price could plummet to absolutely nothing.

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I am expecting it (STEEM) to go very low indeed... at least 75% of current price... and that's a very optimistic estimate.

Not immediately though, the price will drop sharply within the next 3-4 months, by which time most people will have powered down their steem and will start dumping.

Unless ofcourse Justin continues to have his brainfuck and changes PD to 24 hours and people dump soon after they move to hive!

LOL! That would even lower the price quicker! LOL

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