RE: HIVE won't keep going down forever
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And I think the huge dumper can't dump forever. Nobody knows how much hive Justin sun + friends really got on their liquid steem on exchanges.
I can be wrong, but for me, it makes no sense hive is in price below steem.
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Makes no sense to anyone actually...but Chinese and Koreans are trying to keep it afloat...we shall see...
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I'm also not sure. But the power-downs and transfers to exchanges are not that huge, to dump it this way. But it is to intransparent to see what really happens.
who is the big dumper?
I think Justin sun and maybe some Korean whales