Steem Investment Analysis, August 11, 2016
Why the steep drop from 0.003 BTC to 0.0025 BTC? As we can see, price is holding up well at 0.0025 BTC. Over the previous month, STEEM has dropped from 0.007 BTC to here. It is more than 50% while the inflation rate is only 100%, which you can almost avoid by investing in STEEM POWER. This is a crying buy and a good opportunity to POWER UP!
I will definitely be a buyer at 0.0025 BTC.
Disclosure: I am mainly holding Bitcoins but looking for a good opportunity to enter STEEM. I don't want to miss the boat when it rockets again.
power up
more people joining and diluting the steem pool, plus the fact that people cannot cash out of steem for 2 years (104 weeks) due to power downs. This means that steem will remain an unknown factor for ages yet.
So until the membership of steemland stabilises steem will continue to do crazy things, remember steem power and steem dollars earn 10 percent account interest that steem does not but every day you do not increase your own stake in the steemuniverse sees more of your steemit account value bleed away.
Best to try and be polite respectful and helpful here; personally I suck as an author but I do some things as Curator, plus i even sometimes help out others with advice etc. The more it help others the more value and reputation of steem will improve with non shareholders; and that folks helps all our acct balances...
/hugz ;)