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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis Update #13 "Testing new grounds" Aug 12, 2016
In reality these lower prices are good for better distribution of steem on the exchanges, and will allow the opportunity for new people to become whales. This can allow for the rewarding of new topics of conversation more. While it isn't great for traders, it isn't bad for STEEM or Steemit!