I was interested to see how much of a drop in Steem price there’d be this morning after the Hive snapshot...
Surely, there was. However, looking at most other coins, they also went through a drop too. Not as much as Steem, but it doesn’t appear Steem’s price movement was isolated from the larger markets.
I was thinking of offloading a bit, hoping to get at the higher prices. Not totally sure now, seeing it held up better than expected.
I don’t feel there’s anything to be nervous about. I’m pretty sure enough was learned from round 1 with Sun the measures are in place it couldn’t happen again. Even if he tried, he oughta have at least a fragment of common sense to know it’d make him look 100x worse, and I think we can trust in his self-interest towards his public image enough to assume he wouldn’t go that far to tarnish is further... haha!
UPDATE: looks like all the major exchanges have disabled Steem deposits... so perhaps that is a factor on why price hasn't moved more. :-/
You could be right. I think there is still a very large Chinese and Korean population that supports Sun. Plus I think there are some other parties who will milk any platform they can as much as they can. This will probably help Steem maintain a decent price over the short term. I hope so as I recently started powering down for the first time ever. Are you going to see stick with Steem or start posting on hive?
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I'll be posting on both.
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think I'll do the same as you. ;)
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