what is this? the "sad corner" of people who did not invest in steem and will wait for it to pass ether price to come back and start the "sad corner 2"?
No, it just means someone dumped a bunch of coins. A drop like that means it is time to buy. For a drop to be a bad thing, something has to have happened that will actually reverse the trend. Like the price drops by $1-$2 and Dan and Ned disappear. Or Bittrex takes it off the exchange, or something like that. A drop in price is not a bad thing, it is actually a good thing because now people can buy in.
If you had $10,000 worth of Apple stock and it was cut down to $5,000 just in one day, but there was no news of any Apple facilities shutting down, or a change in ownership, or a rising competitor, would you sell your stock or ride it out?
How can it be dead when it just got started? lol I think we all just need to clam down a bit and not just look at Steem as something to pimp out and make fast cash and look at it as something changing. I mean name 1 other platform that pays to post
what is this? the "sad corner" of people who did not invest in steem and will wait for it to pass ether price to come back and start the "sad corner 2"?
The usual pump and dump nothing extraordinaries not happen :-)
you think we are safe? If so how high do you think it will go
No, it just means someone dumped a bunch of coins. A drop like that means it is time to buy. For a drop to be a bad thing, something has to have happened that will actually reverse the trend. Like the price drops by $1-$2 and Dan and Ned disappear. Or Bittrex takes it off the exchange, or something like that. A drop in price is not a bad thing, it is actually a good thing because now people can buy in.
It was a drop by $2.5
If you had $10,000 worth of Apple stock and it was cut down to $5,000 just in one day, but there was no news of any Apple facilities shutting down, or a change in ownership, or a rising competitor, would you sell your stock or ride it out?
Whales taking profit. Business as usual.
Exactly some whale was happy with 200 and what ever % and sold out no big deal. Just lowering the price for right now.
not dead, but cannot grow forever, price has to stabilize at some value
How can it be dead when it just got started? lol I think we all just need to clam down a bit and not just look at Steem as something to pimp out and make fast cash and look at it as something changing. I mean name 1 other platform that pays to post
I upvoted you.