Look at the chart, contest started 4/23 and pump started then. Contest ended 4/28 14:00 GMT +8 and price dropped like a rock the day before. People didn't want to be bag holders. 
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Look at the chart, contest started 4/23 and pump started then. Contest ended 4/28 14:00 GMT +8 and price dropped like a rock the day before. People didn't want to be bag holders.
Did you actually read the terms of the contest? Also, did you happen to notice the amount of dollar volume being traded these last few days compared with the contest amounts? Also also, did you happen to notice a certain Binance opened trading of HIVE at the same time it dumped... an exchange that was very likely holding a large amount of HIVE being held by one Justin Sun?
You seem upset....so upset that you can't get your facts straight. Do you realize Binance doesn't open deposits and withdrawals until 4/29? Look, I loved the pump, I had over 16k hive powered down and netted 2 BTC. Way more than I expected. Price will further tank when hive on Binance is available to trade again. With that said, I'm selling all my Steem each week it powers down and plan to keep at least 50k in Hive powered up, just to see how it works out.
Binance opened trading, which is exactly what I said. Which means anyone holding HIVE could sell it for BTC immediately, which is exactly what happened when Binance opened. You are getting trading and wallet openings confused, wallets open tomorrow, trading has been open. And by the way go back and read the terms of the Huobi contest before you start trying to figure out what caused what...