its creating a big mess around my mind as i have converted my Steem into Hive at 0.3$ rate and now its 0.1$ i dont know why its getting this downgrade ...
Many people are selling it instantly to get profit which is i think the main cause of reduction in price . They should have bought more to make this currency successful but still ...
For many it became an opportunity to double their money.
yes those who have alot of steem hold :)
Have some hope it is due to a massive dump of HIVE on bitrex about 40 BTC worth HIVE dump two days ago that's why. Everything will be at the usual pace soon!
ohh so that was the real reason behind the dump , Thanks for letting me know about it