Market's reaction to WAR
Looks like everything took a massive dip
But Gold went up and Silver held up really strong
I don't really want to talk about the war itself, talking politics is wild. Had to cut people off because they went too coucou over politics while their own life is nothing wild
Gold showed the world that it can perform while everything else took a tumble
Seeing Ethereum down to 2400 was wild after its run up past 2800 but now it seems to be recovering nicely and wouldn't even be surprised to see ethereum up over 3000 by July
Hive is pretty interesting. Do I see this right? HBD at $1.05? that's fun right?
Now imagine there was a place to easily swap between HBD and other stable coins like Dai, USDT and DAI
Now would be the time to sell down to $1 waiting to get back in when HBD goes under a dollar
If there was a platform where the community can supply liquidity, there would be very tight spreads and these swings in HBD will create a lot of opportunities, which equates to fees for LP providers
Who knows, maybe some of those liquidity providers will take those LP fees and buy up hive to power up :)
Maybe this is a hard thing to do... or maybe this is an opportunity that is waiting for someone to hop on... or maybe no one cares lol but, arbitrage isn't something to scoff at, also, giving people a place to send their stable coins to get HBD which they need an account to receive it in right so that's new active users right there...
who knows. but the market spawns new players everyday ;)
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Building is the key