RE: Steem/BTC pump and dump or just a temporary retracement pullback?

You are viewing a single comment's thread from:

Steem/BTC pump and dump or just a temporary retracement pullback?

in beyondbitcoin •  8 years ago 

I was looking at the 3-6 month trendline and this doesn't look that significant to me. I was glad I waited a bit on cashing in my most recent powerdown into those wonderful bitcoins. I suppose it could suggest a flattening out and maybe the beginning of a market pricing of what a popular blog post is worth in the crypto-social-internet space. I for one, would be happy just to see some more volatile up/down churning in the Steem price.

beyondbitcoin
8 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    1
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!
    Sort Order:  
  • Trending
    • [-]
      ·  8 years ago (edited)

    Thanks Ivor for your comment and upvote. Yes on the long term trendwise, the recent moves has not really stood out much. I think because the slow downtrend has been going on for a while now, any relatively larger reversal is welcomed and looked at as a possible bottom passing. bitcoin is the digital gold standard for crypto so you can't really go too wrong there.

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00