Post by
BTC4Life on Nov 18, 2020 4:10pm
Hive Update
Fellow Hive investors and speculators ... In the last couple of days, you can see that Hive follows Eth price quite closely. Every penny up or down on Eth is reflected on Hive. This linkage is a wonderful sign that the Hive dump is over, the market absorbed it with confidence and now moving forward, Eth movements will reflect strongly on Hive. Notice how during the height of Yield Farming / DeFi craze when Eth reached $480 .. Hive was stuck in 40 cents..even though Hive Company made lots of fee. It didn't reflect in the price. We are now off the chains and shackles. Expect big news soon. We are #Moon bound.
Comment by
Baseballfury on Nov 18, 2020 4:51pm
It's nice to see for sure! With Ethereum today, I thought there was a healthy pullback as it got a little overstretched last night. Needs some time to consolidate before running up and breaking that $500 barrier. Then I think we will start seeing people speculate on positive earnings and the price of Hive wil increase at a greater percentage.