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RE: Hive.io - The New Steemit (+Google Form) by crypto.piotr

View this thread on: hive.blogpeakd.comecency.com

Viewing a response to: @juanmolina/hive-io-the-new-steem-google-form

· @crypto.piotr ·
Dear @juanmolina

> HIVE has been created by more than 30 leading developers who brought great value to steem blockchain.

Exactly. Blockctrades admited that they were working for few weeks on building hive.io.

So it's almost obvious that it was plot organized by few powerful users to create conflict against justin and make people move to their new chain. For that reason I believe soft fork was nothing but provocation

witnesses complained that justin want to kill steem blockchain, but they themself are doing it now

> We must remember that steemauto joined the campaign against Justin Sun, therefore this will be one of the Dapps that will migrate to HIVE.

That would be heavy blow if steemauto would go down. It woudn't damage Justin Sun investment, however it would affect many of those who put hours into building our accounts on steem. 

Could you remind me who is behind steemauto?

> the HIVE project has the backing of large steem holders who are willing to inject all that capital into the new HIVE.

This is going to be quite interesting. If majority of large players start dumping steem, then it's price can tank easily to 0.01$ or less. In that case selling steem will not make much sense any more.

> STEEM will definitely lose value, a crash in its price is imminent.
> When will this happen? Once Justin manages to take back and sell all the steem he placed in the stake.

Personally I don't see it this way. Justin may simply allow all those witnesses (which he consider hostile ) to move away and then do his best to prove to the world, that STEEM (pricewise) will do better than HIVE.
I wouldn't be surprissed if recent price pump was done by him and his proxy accounts. So he most likely will have large sum of HIVE tokens too (just to dump them and purchase tons of super cheap steem).

At the end of the day I would predict, that Justin cannot afford publicly to lose this war with "hackers". That would destroy more of his image and wealth.

Cheers
Piotr
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