STEEM vs HIVE prices. An interesting turnaround this week


Looks like things took a turn this week:

image.png

As you can see above, after the Hive dump happened after BITTREX opening the withdraws and deposits, looks like HIVE price is still dropping.

STEEM, on the other hand, on the last 24 hours, made a big spike, recovering 15% of it's price, since HIVE launch.

The only relevant thing i found on the last hours was this announcement by Steemit Inc:

https://steempeak.com/steemit/@steemitblog/announcing-100-days-of-steem

Basically, it says for the next 100 days, something will be announced:

Under the 100 Days of Steem project we will be making a new announcement every single day for the next one hundred days.

That will be... interesting. That could mean 100 new features coming, or 100 gibberish announcements only aiming to pump the price further.

Another "wait and see" moment. This can go really good or rally bad for STEEM.

On the HIVE side though... not much is happening.

All dapps developers and witnessess posting their updates, and still around steemit being kind of butthurt about what happened.

(If any of you doing that is reading this, please: Just move on, and go make HIVE better than STEEM)

SBD vs HBD

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Not much happening here, but both Tokens looks kind of stable.

Volume

I want to talk a bit about volume too, because this is another really interesting piece of data. Here is the daily volume of both tokens on BITTREX:

HIVE

image.png

STEEM

image.png

What is interestin to see here is that the average volume of STEEM is around double the volume of HIVE.

Again, it is still too early to predict how anything will turn out, but keeping an eye how this data will evolve might be an interesting indicator of the future of each platform.

See you around.


Comments 18


It will be very interesting to see the evolution. :)

03.04.2020 23:07
0

Indeed.

04.04.2020 17:24
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If any of you doing that is reading this, please: Just move on, and go make HIVE better than STEEM)

:P

04.04.2020 17:23
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That's great comparison of steem and hive. But, I'm good at calculating steem:hive ratio . thanks for this job done

04.04.2020 17:48
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I really do not like been swift to making decisions, i will still like to watch how things unfold between the two platforms.

04.04.2020 17:55
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Thank for the update buddy, i love this

04.04.2020 19:29
0

HIVE (THE NON-COMMUNIST, NON-CENSORED, JUSTIN SUN EXCLUDING SOCIAL BLOCKCHAIN) IS ALIVE, COME JOIN US!!!

https://peakd.com <--- Log in with your Steem account today!!



































05.04.2020 03:46
0

HIVE (THE NON-COMMUNIST, NON-CENSORED, JUSTIN SUN EXCLUDING SOCIAL BLOCKCHAIN) IS ALIVE, COME JOIN US!!!

https://peakd.com <--- Log in with your Steem account today!!



































05.04.2020 03:46
0

HIVE (THE NON-COMMUNIST, NON-CENSORED, JUSTIN SUN EXCLUDING SOCIAL BLOCKCHAIN) IS ALIVE, COME JOIN US!!!

https://peakd.com <--- Log in with your Steem account today!!



































05.04.2020 03:46
0

HIVE (THE NON-COMMUNIST, NON-CENSORED, JUSTIN SUN EXCLUDING SOCIAL BLOCKCHAIN) IS ALIVE, COME JOIN US!!!

https://peakd.com <--- Log in with your Steem account today!!



































05.04.2020 03:46
0

HIVE (THE NON-COMMUNIST, NON-CENSORED, JUSTIN SUN EXCLUDING SOCIAL BLOCKCHAIN) IS ALIVE, COME JOIN US!!!

https://peakd.com <--- Log in with your Steem account today!!



































05.04.2020 03:46
0

HIVE (THE NON-COMMUNIST, NON-CENSORED, JUSTIN SUN EXCLUDING SOCIAL BLOCKCHAIN) IS ALIVE, COME JOIN US!!!

https://peakd.com <--- Log in with your Steem account today!!



































05.04.2020 03:47
0

I hope Steem and Hive will go different ways and turn into two different platforms. It will for sure take time, and there are wounds on both sides. But, just like in a divorce, I hope both parts will live on an be able to live healthy lives without always blaming the other, nor criticize the other.

I hope with the Steem softfork coming up and with the 100 updates, that the Steemit platform will take some great steps in their own independent direction, and I will follow it curiously! :)

05.04.2020 11:58
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I think that this is what most of us are expecting.

But it seems that both parties are more interested in keep poking each other.

06.04.2020 00:13
0

Yes. I would even say that some people (previous Steem users) are mocking Steem.
I already wrote multiple times that this blockchain is doomed by its own users, but looks like this statement is getting more and more actual from multiple aspects.

06.04.2020 12:07
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I have not heard anyone blaming the Steem blockchain (about the fork) so far. People are blaming Justin Sun and his actions. Although some people say that Steem is dead, some of them are even happy about it.

But Steem is far from dead. The Steem blockchain is not just/only Steemit. Steemit is just/only a dApp on the Steem blockchain. There are many other dApps on the Steem blockchain. Steem Monsters/Splinterlands for example. Nowadays that is my favorite game. Nowadays I regularly invest both Steem and Dark Energy Crystals (DEC) in it. I regularly buy cards with them.

But my other two favorite dApps, dPoll and eSteem are migrated from the Steem blockchain to the Hive blockchain.

I am currently using both of the blockchains, and I currently think that both of the blockchains has every chance to be successful, but it is somehow sad that the Hive blockchain had to be forked from the Steem blockchain, and thus splitting the Steem community in half.

06.04.2020 05:09
0

Probably the Hive blockchain should not have been forked from the Steem blockchain, and my two favorite dApps, dPoll and eSteem should not have migrated from the Steem blockchain to the Hive blockchain. This fork is just/only splitting the Steem community in half. Some people said that Steem is dead, and some of them are even happy about it. This situation is chaotic.

06.04.2020 04:57
0