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RE: Well look at that...it seems that we have a winner here!
Yeah I mean everyone knew we had a higher market cap from day one when Bittrex started allowing BTC/HIVE trading. We've been trading higher 100% of the time. Will be nice when CMC finally gets their act together. Not even displaying the correct #60 coin looks kinda bad for them.
While true, we need a bit more than $40k volume to give an accurate indication of price discovery. Not sure if that is playing a role or not for ol coinmarketcap. We need a couple of the other big exchanges to enable HIVE wallets.
We also need 3 months to pass for powerdown periods to end.
Yes there is that as well. I am in the camp that doesn't actually think steem is going to tank as much as some seem to think due to the power downs. I mean $5 million dollar volume represents over 30 million steem (potentially) at the current prices, and that is just one day's trading volume. Yes yes I know much of that is probably wash traded, but you get what I mean.
That was the case with coingecko till 12 hours ago too.
Until they pull the data from blockhives HIVE won't have an "official" ranking. it's just a matter of 2-3 days imo