Guys, why falling exchange rate of STEEM?
Over the past couple of days on the stock exchange course STEEM fell almost twice. Can someone tell what is the reason? Will it grow? And what is an adequate price for 1 STEEM?
P.S. I apologize for my English is not my native language
Yes it fell quite sharp, but i think this is normal after a huge gain (1600%). The price is almost on the support where it bounced back up the last time, so if it bounce there again, it may be a good moment to buy in.
A lot of people just sell steem and dont buy thats why price fall down.
But i think steem will grow soon, this is just start of this site. E
Simple.
What can we do?
Promote to everyone to keep STEEM powered up.
Tell all your friends about STEEMIT. The more influx of new people, the more the price will remain high.
Overall, don't stress. It's all part of the process
Buyers < sellers.
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