steemit ( steem ) loses a lot of value?!
Hi, I recently joined Steemit and I write a lot here, respond and so on, but I saw the past few days how much value Steem is losing. According to coinmarketcap in USD the last past 7 days Steem lost -26.48 %?! In BTC it is -25.05 %. I'm afraid no Steem power is strong enough to deal with such declines. And if you look at the last 1 month you can see it even clearer, how the price is keep dropping. I hope it won't be eventually like hyperstake or Snowballs. Of course I know those coins were weak and are not a comparison, but a lot of people immediately cashed out the second they had the chance. And well I hope that won't happen to Steem. I want to keep investing but it worries me a bit. Nevertheless I believe in Steemit so I will keep investing. How do you people look at it?
wow awesome article
It will eventually go back up. The price during the peak was artificial. It will correct itself.
Yeah well I am standing positive in all of this so I agree with you, but when I open poloniex sometimes it worries me a bit
I want to take steem