RE: BLURT price volatile recently... charts and long term outlook

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BLURT price volatile recently... charts and long term outlook

in blurt •  11 months ago 

Probably, when the “crypto winter” ends and the bull run begins, we will see the prices of the past again.

However, I also think we will see many accounts shut down for fear of the price moving back.

The market is completely emotional, and if those emotions are not under control, we will continue to fight against the current, as we have been doing.

At some point, it seems that our friend r2cornell was blamed for the loss of his blurts and immediately taken to probit for sale, however, the hackers are around the corner hiding waiting for another unsuspecting person to steal the fruit From his job

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  ·  11 months ago  ·  

So far, the start of this winter has been pretty good. However, Blurt and Hive aren't keeping up with traditional cryptocurrencies.

In Hive's case, there isn't enough demand for the coin. People are consolidating back into Bitcoin, Litecoin, Ethereum, and others.

For Blurt, a big sale on ProBit led to a fall in value; A hacker dumped R2's Blurt, and there wasn't enough liquidity on ProBit to maintain a fair price—destabilizing Blurt's value in the short term.

ProBit and HiveEngine Spot Trading + DeFi Pool have the largest volume in market trades—They are the drivers of the value of Blurt. On crypto listing sites, like CoinGecko, CoinMarketCap, and others, they only use ProBit or other centralized exchanges. They don't include DeFi trades on HiveEngine.

Bitcoin and Ethereum have been doing positively lately—the value is rebounding for Blurt. Let's give it another few days.


Posted from https://blurtlatam.intinte.org

  ·  11 months ago  ·  

Hmmm, has it been confirmed that there is a hacker, and that the account keys (which many people had access to) did not fall into the wrong hands? We shouldn't jump to the conclusion of "hacker" unless there is evidence. I think it would be the very first time Blurt (or Steem etc) had ever been hacked. From what I'm aware of, the correct word is "thief"... but please correct me if I'm wrong about that.