I go to work for five hours and come back to this?!?!
This is NUTS!
I was totally going to write a post tomorrow about how this is going to happen. @binance-hot was just testing 1 Hive transfers yesterday.
As you can see, with Hive trading on Binance at 67 cents and trading everywhere else at 84-86 cents, he is dumping his coins at a loss to pump Steem. Wow, this sure is a desperate play. Not quite what I was expecting. This Hive pump must have REALLY REALLY gotten under his skin to throw away money like this.
To Justin Sun’s Chagrin, Huobi Listing Spikes Hive's Price by 600%
lol... I really didn't think he would be that mad considering how much Hive he owns... now he's dumping it at a discount for his own shitcoin? Man, this just keeps getting better.
I honestly was thinking this was going to happen (less aggressively) and was going to trade Hive for Steem myself in front of him to capitalize on this silly move. However, my politics will not allow me to buy Steem. Too bad so sad.
If you trust Binance, this is a good opportunity to buy coins at a "discount" before withdrawals open and the arbitrage bots have a field day.
You'll also notice that Binance gave Hive a BNB listing, and much more importantly, a USDT listing. We have a stable-coin listing, friends! Neato!
Well, I'm going to bed... this is crazy.
Return from PSA: Justin Dumping Hive and Pumping Steem; Binance lists Hive; CMC lists Hive to edicted's Web3 Blog
