Steemit’s Users Get Money Back After Cyber Attack: Will The Steem Price Go Up Again?
Will it change the trend of Steem as a cryptocurrency, which began to fall down? The price has lost 11% during last 24 hours at the time of publication. CoinIdol asked experts.
Founder of Safe Exchange, and curator of Alt Coin Trading Community Daniel Dabek commented:
“Some price decline happened, since it was $85,000 worth of Steem approximately 20,000.
It’s just an attack on the website and not against the Steem platform. And since that, it doesn’t have to be significant at least enough to absorb the hacked amount of tokens. Despite the attack I think that the price of Steem will decline from here because the way to earn rewards by the general public is becoming known, and they will sell due to the price of the rewards being exceptional. Each day a constant amount of Steem is introduced to the market”
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