It only reflects the HBD/HIVE, so if HBD is also up, it makes Hive look "down" even though it is essentially priced the same. However, it is harder for some people to track on the internal market, so there are benefits.
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Definitely benefits and I did nothing special and now as the price has dropped slightly already in profit and will be happy with an extra 20 Hive. Who needs sleep as this kept me up past 3.30 am. I will be keeping one eye open tonight.