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RE: Upbit in Trouble?
I assume most countries have strict regulations for exchanges and it seems they got caught out. They have been influential on $HIVE and maybe that will change. We used to have a lot of Koreans before the fork, but I'm not sure many moved over to Hive. They could create accounts and power up, but maybe they expect bigger gains than what they can make here. I'm not a trader, so I have a different perspective.
Thanks for the insight.
!BEER
0.00093559 BEE
Yes, I think so too. Many preferred to stick to Hive on Upbit, rather than on-chain, post-split.
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.
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.
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