He's facing Steem under constant selling pressure for the next 3 months and Hive under constant buying pressure.
In 3 months Steem will be worth almost nothing and HIVE worth a lot.
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He's facing Steem under constant selling pressure for the next 3 months and Hive under constant buying pressure.
In 3 months Steem will be worth almost nothing and HIVE worth a lot.
It will definitely drop down to a few cents along the way. The only question is whether there are enough sun lovers out there to pick it up cheaply and keep the market moving.
People willing to back whatever direction he decides to move steem in next. I'll be watching to see myself as there is every chance he gets it pumping on the hype alone rather then on it's substance.