IS STEEM DROPPING TO ZERO?

in #steemit6 years ago

images (40).jpeg

Source

For weeks now, steem rate has been dropping rapidly, dragging SBD along with it. This has aroused alot of questions and assumptions.

IS STEEM DROPPING TO ZERO?

A couple of months ago I read an article that categorically predicted that steem would definitely decline to zero. With the current downfall, it seems pretty obvious that the article predicted correctly. Spoiler alert, THAT IS TOTAL BULLSHIT!

If you've been around for long and has been following up Forex Trading and cryptocurrency statistics, you'd probably be familiar with crypto market volatility. Tokens cannot remain in status quo. Crypto coins cannot and has never been stagnant. It's always on the move. Either moving high or going down. The downfall however doesn't mean a total flop.

So for those preaching that STEEM is heading to zero, my advice for you is to go and do research on what causes crypto to rise and fall, if you can predict when it'll go high and buy at a low rate, you might as well make yourself a fortune instead of gossiping around about what you know not.

For the love of crypto!
@nchiba

Sort:  

Congratulations @nchiba! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:
SteemitBoard and the Veterans on Steemit - The First Community Badge.

Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

To the question in your title, my Magic 8-Ball says:

Outlook not so good

Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.

Coin Marketplace

STEEM 0.16
TRX 0.17
JST 0.029
BTC 69437.28
ETH 2488.70
USDT 1.00
SBD 2.54