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RE: Upbit in Trouble?

in LeoFinance5 days ago

but I'm not sure many moved over to Hive

Yes, I think so too. Many preferred to stick to Hive on Upbit, rather than on-chain, post-split.

maybe they expect bigger gains than what they can make here. I'm not a trader, so I have a different perspective.

At higher risks, yeah, I suppose exchanges have ways to make it more profitable for traders than for regular users of HIVE. But, as I said, at higher risks... The same risk they face on Upbit wouldn't be on Hive, or would be much, much, lower.

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It would be good to see more crypto communities move to Hive as is happening with Dash. They tend to end up using centralised platforms instead. I think this was meant as an alternative to reddit originally.

Absolutely! I remember the Korean community was ok. The bad blood happened because their most influential community/project (the one that held the proxy votes for them and maybe many other Asian users), sided with JS in the conflict on st**m, after a while during which they took no side (publicly or by voting), and during which they were courted by both sides.