You are viewing a single comment's thread from:

RE: Anyone else noticing this on STEEM as of late?

in #steem2 years ago

Yea, unfortunately the price seems to make a lower low after every one of these pumps. Part of that is bad timing relating to bitcoin also dumping, but part of it also appears to be someone unloading a large stake and is trying to get as high of a price as possible by pumping it first to attract liquidity to sell into... that or shorts pumping it to attract liquidity to short into... neither is very good for us lol.

Sort:  

Yea, unfortunately the price seems to make a lower low after every one of these pumps. Part of that is bad timing relating to bitcoin also dumping

Agreed. At least the price has still been holding up decently against other coins like BTC, ETH, and LTC, though. It went from less than 800 SATs a few months ago to 1100 now.

Of course, I'd like to see it back in the >10K range from the early days, but at least it's been moving in the right direction for a little while. ;-)

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.029
BTC 60778.23
ETH 2434.76
USDT 1.00
SBD 2.55