WHAT IS HAPPENING TO SPORTS TOKEN?
(https://www.sportstalksocial.com)
Lately steem-engine has been updating to their new format
and that caused a delay in the time to check back our tokens.
2020 should be our year in the tribe as you can see.
Lately #BTC value has risen to touch #8k.
As of right now it is in the vicinity of $8k
$8,014.58 a #BTC
$328.60 within 24 hours.
(4.28%)
Even steem is doing its thing underground
sitting still at .12 cents US, hard to break away.
(coinbase.com)
This price range is stuck in neutral for the rest of last year.
Hopefully SMT momentum should flip this chart to the right.
I do not want to play this game by not mention the effort of many
to hold on to their #steem in this dire time.
The tribes token are taking a hit.
The survival rate is minimal.
Today my focus is all over #sportstalk token.
Lately the value has been eroded away.
This is a high use token due to the amount we have out there.
At first looking at the value of a sportstalk token you can easily cry a river.
Pointing finger only irritates others not understand how to maintain the value
of the token.
This is not the first time #sportstalk had been that low.
Somehow the whales found a way to sway the community to change their mind.
The fun part we need the rapport to move the coins around.
We need the BUY and the SELL window to maintain a healthy
token.
(steem-engine)
Looking from afar it looks deceiving.
We need high traffic exchange for the token to move from one player
to the next.
The problem we have more players are selling, not forcing the rise of the tokens
while other players may be profiting on the low.
It is not a bad recipe altogether.
It is the nature of the trade as we speak.
I do not want to take this as a pessimist.
It is just troubling to see the token losing value.
On the other hand, some fans of sports are buying
trying their best to hold on and push the price upwards.
(steem-engine)
We need to see this reinsurance from the whole #sportstalksocial nation
to rally the token back from this price.
Plain simple this price is not healthy.
Hard to detect the bad players.
They do not need to be in here cause they are selling
everything instead of power up and support this tribe.
Kudos to you for purchasing and continue to believe.
I believe.
So many positives minds run this tribe.
I am pretty sure 2020 should the year to move up.
Stay tuned!
How can you appoint a Tom Henning Ovrebo or Ray Tinkler as a referee and expect your game(project) to end in a hitch free impartiality.
It's easy! The owner is the one destroying/damaging is own community. I mean, how can you appoint a referee who doesn't really do anything to promote the platform. They believe an headless investors would fall down probably from the sky and just buy lots sportstalk token, without promoting the #gem they handling.
Psss! Thought I gave a good advice on how easily we can burn the #Sportstalk token though, but them Pierliugi Collins thinks it's just too dumb.😁
If care is not taken, I'm afraid it might turn out to be a failed steem-engine token... which will basically be completely worthless when SMTs come out in the near future. ( I hope NOT though). Esheyy
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In my own opinion, I think the owner of Sportstalk played a very significant role in brining the price this low
First and foremost, he selected power abusers working as referees. Their hostility has chased some stable members as well as potential members
Secondly, the fact that no plan is made to promote the platform is one of the problems the platform is facing. Since Sportstalk is benefiting from the natural traffic of steemit, the founders think is enough to make the platform moon without having any plan to promote it
Thirdly, the token supply is outrageous and the burning process is not effective. Imagine! We haven't even burnt 30m sports in eight months
Lastly, the fact that the sports token doesn't have any other use case is the reason why people are dumping
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