Another Day - Another STEEM DUMP- NEW LOWS TODAYsteemCreated with Sketch.

in #steemit8 years ago


Another day, another dump The price is lower than it was yesterday, and the day before, and the day before that, we are at

ALL TIME LOWS!


Lets not be so negative maybe if we look at the chart like this it looks better:

Or like this:

That divergence, well it looks even weaker than yesterday.

No reversal in site, looks like more down.
What is wrong? Are people just cashing out and not reinvesting in the site?
Your weekly passive income, are you cashing out or reinvesting?
How will content creators make anything if this continues?
Check it out, I checked PAY ME IN 100% IN STEEM POWER

Sort:  

Up-voted, Check out my post on this, I think this is a plan to bring in new investors, but I could be wrong: https://steemit.com/steemit/@titusfrost/steem-price-at-extremely-attractive-low-price-should-bring-in-new-investors

It'll (probably) go back up eventually, but there are a lot of people selling into the lows when they should be holding, IMO. I picked up a little at .008 and again at .007 in anticipation of a bounce/spike based on good news or a big influx of users. I think it'll stabilize at .0015 but am hoping for a spike up to .002 first.

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.030
BTC 68425.65
ETH 2646.01
USDT 1.00
SBD 2.68