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RE: Is This The Beginning of the End!? Any of You Wasteful Rich Going to Buy Some STEEM, Or Do Y'all Have Other "Plans"!?
Yes we are in freefall and this is actually a good thing, because after the coming panic low there will be huge possibilities. As long as STEEM does not make a new all time low, we are good. Read my post about the elliott wave count for STEEM if you wanna know more.
Well .. I love your work ew .. and would normally be put at ease, but if you take what is going on in the wider-marketplace and the new tech coming down ... I have to say bullshit to the "good thing". Unless the power-players act, we will flatline.
Thank you for the compliment. But think about it... If you were a whale that already made 50k+ in profit on this site, would you not reinvest some of that again when the price is below 1$? I most certainly would. I am sure some of the bigger players are just waiting to buy more, but of course they want to buy low for the biggest possible profit. STEEM at 50 cents? I would say they will be jumping up and down in joy to double their STEEM positions... This might not end the downtrend immediately, but I see no chance for it to flatline.