I was one of not so smart people who claimed Hive airdrop through Binance.
What's funny tho, this actually made me some money, considering I would probably offload some on the way of this huge recent pump.
Nevertheless, this still looks like a strange thing to witness.
Why did Binance list Hive today? Obviously, they could have done it earlier... looks like the price was manipulated, so CZ and Justin can offload some of their stack on the very top
Not sure if you noticed, but Hive priced reached a 16300 satoshi mark on binance, from where it started dumping... that's a huge price.
Funny to add, how all the rest of the exchanges are sticking to the same price while Binance one is lower
Obviously some shennanigans are going on, not to mention the 50% pump in STEEM price today?
Coincidence or not? Definitely not. Who the fuck is buying that shitcoin anyway? It literally has no hope.
However it is, seems like CZ turned on his selling bots and he is not allowing HIVE to pump accordingly on Binance.
Just check some of his other new listings, they easily go 500-600% up.
Seems like this war is not over, what it looks like, CZ and Justin will slowly try to dump the price and buy coins on the way back. That's what they do, that's how they get strong hands.
Potentially bullish is listing on HOT tomorrow, but still, now when Binance is in, things might go a bit different.
I'm still unsure what to do with my stack. I know this is a good price to sell, it might go way above... but seems like this CZ robots are blocking the real price movement
On the other hand, when withdrawals finally open, I got a feeling how the rest of the exchanges might come closer to Binance price. I might be wrong.
Its a tricky tricky situation, I'll need to observe a bit more to make the right choice. Maybe I'll just sell 50% of my holdings straight away, and be more flexible with the rest.
Some of HC powerup guys might think wtf am I doing, but I'm a trader guys and this situation looks complex to me. I just know that CZ and Justin won't give up just like that, considering their overly-inflated egos...
And I wanna make the best possible outcome for myself here. That's all. Wanna start travelling and getting HQ equipment for vlogs, so I need every dollar possible. Wish me luck.