Question about Steem :why steem In constant decline!๐Ÿค”๐Ÿ˜ฑ

in crypto โ€ขย  7 years agoย 

What happen to steem ?!
Why steem in canstant decline?
My account value in decline !?
Can someone explain to me what happen to steem ?!

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ย  ยท ย 7 years agoย 

It's related to the value of Steem which has gone down in the last few days. You can find it's value on coin market cap. Hope this helps!

ย  ยท ย 7 years agoย 

Also Steem and SBD are not reaching exchanges. Deposits and withdraws are down on Poloniex and Bittrex

ย  ยท ย 7 years agoย 

Bad news . So thats the real raison.
Thx for your explicatoin .

ย  ยท ย 7 years agoย (edited)

Hi @safwenrekik, the value of your account is based on a 7 day average of the price of Steem.

Recently we saw the implementation of hard fork 19 which delivered increased payouts to newer users and those who did not already hold a large stake.

As a result of this, I believe those at the lower end of the scale have cashed out these increased payouts leading to a decline in the value of Steem.

There's more of it finding its way into the market and so the price goes down. It's going to take a while before it stops.

If you're here for the long haul then this kind of price adjustment/volatility shouldn't be an issue.

ย  ยท ย 7 years agoย 

Thx ๐Ÿค”๐Ÿ˜Š

ย  ยท ย 7 years agoย 

salam
its because of the value of steem coin ids declining infront of BTC

ย  ยท ย 7 years agoย 

Walikom salem !
Bad news ๐Ÿ˜ž

ย  ยท ย 7 years agoย 

NOT THAT BAD WHEN STEEM VALUE RISE SO WILL BE YOUR ACCOUNT V ALUE

ย  ยท ย 7 years agoย 

I think the huge across the board bump in 100's of crypto's that sat totally ignored for sometimes years (i.e. primecoin) is being digested. I became interested in STEEM at $1 and it was $2 before I could acquire any BTC...that quick. I wonder if - as some have suggested - the central banks pumped up all the crypto and are from time to time withdrawing huge amounts by selling - effectively making them seem unstable and like a bad investment. ya oughta know - Cent banks want you to do 1 thing with your money - buy stocks. for that matter - go deep into debt to buy stocks. not i said the spider to the fly

ย  ยท ย 7 years agoย (edited)

Thx for this information bro

ย  ยท ย 7 years agoย 

Just hang int here man, when steem starts going up soon so will the value of our accounts.