Why would Proof of Stake (PIVX and BLK) and Delegated Proof of Stake (HIVE) networks sell off on comments about energy consumption... 🤔 🙃
Why would Proof of Stake (PIVX and BLK) and Delegated Proof of Stake (HIVE) networks sell off on comments about energy consumption... 🤔 🙃
Yeah thats a good point, my Zcash is the only currency that didn't hit the stop loss and its not proof of stake in anyway.
Tezos pulled back too but its hyped up right now.
Do you have anymore insight?
I have no reasonable conclusion for what you have observed but am curious now.
Maybe to attract new investors and tempt Bitcoin short positions into the extended altcoin season if my best guess.