Price of steem is taking a beating
STEEM (STEEM) 7/17/2016
LAST3.2638 0.00480000VOL617283.6109 907.81407169BID3.2163 0.00473001ASK3.2638 0.0048000024H HIGH3.7251 0.0054784024H LOW2.9239 0.00430013
When will it end?? Seems like these security updates and transfer restrictions are taking their toll on steem price... I got stuck with some steem I bought at .0054000 btc . I was buying dips and selling for profit for a while until this point. What will ultimately happen to the price? Should I buy more steem now that its a little lower.. Or will it sink again????
Your thoughts?
hope a whale upvotes your post bro, i am about to panic dump lol, lost few hunderds last couple hour
Many of us were left holding the bag. And we cant even power-up with it either............
worst so is bitcoin is soaring nooooo, its only a temporary thing for steem atm, but it still hurting my bank xD
dude you are explaining exactly what happen to me i buy for .0053800 now stuck with em :( hope to god it's not gonna last.
Earlier today, I read that 90% of all STEEM is locked in STEEM POWER by investors
At current the price of STEEM is at 613BTS with a volume of 189.32k. When it peaked several days ago, the volume was 250M
I wouldn't worry about short term movements. People panic sell all the time, only to regret it later. If you believe in the currency/product, why would you sell? If you like Steem, and the price drops, it means it is on sale. Ask where you think it will be in 6 months/1 year. These days, it seems like until a crypto currency gets hacked/exploited/has an exchange crash it isn't legitimate. This hack could (and probably will) make overall security way stronger in the long run.
Yea true. Hacks are always better when they occur sooner rather than later. It was a good reaction by the team too.
The price is still quite low so I will probably buy more and power up with a bit of what I have....