Bitcoin takes a dive and Steem followssteemCreated with Sketch.

in cryptocurrency •  8 years ago 

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Its not unusual for all Altcoins to drop in price if Bitcoin price moves downward, so its no surprise to see Steem and SBD slip as well. Its not back down to the eight cent price I saw when I first joined Steemit but its worth taking note of. I personally would like to see the price fall more. I think a lower price is much more realistic as we are still working out bugs and dealing with spam sign-ups. Some of the features suggested in Hardfork 20 should help deal with these issues and make new user sign up quite a bit better.

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If the price drops will people still stick around and will content creators still create content for the platform? I am pretty sure that anyone that is here to share their content with a wider audience will continue to do so even if things get lean. Not everyone likes creating original content and the people that comment and curate content are just as important.

How low do you think steem will go and what price is reasonable in your book?

Thanks for reading and feel free to comment below.

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time to buy. buy low sell high. How do you make a gif that moves like that arrow?

I used gimp, I did a tutorial about it in a previous post.

I really like your post,
Wah ,,, comrades do not give up, that's a good idea, thanks

No problem, thanks for the comment

Great article. Thanks for sharing with newbies like me. But i have listening that peice of bitcoin going decrease in few days ? Is that true sir? 👍

No clue, I am just watching like everyone else,lol

markets do tend to fluctuate. best time to buy when prices are low. would you agree?

I think its always good to have more steem power if you want to have more influence on the network.

Panic buy!

ha ha, never a good thing

I'm new to the crypto space so i dont have a price idea. Either way, im in. I enjoy the whole experience of STEEMIT.
Thanks for the post

Its interesting to watch, welcome to the crypto world!

I noticed . Good post.

Thanks for checking it out

Markets always fluctuate, thats where money is made.
Interesting post, thanks for sharing and keeping us informed #keepsteemin

Very true, its interesting to watch how things play out with steemit

Yes content creators need the commenter's and curators probably as much as we need them. Its a community with lots of moving parts and when its set up as a free market.. the site will find its own way.
Its the social aspect of the site that drives everything and without all its moving parts it will change.. For better or worse ? who knows. But I'm sure it will survive in one form or another

Exactly, its not very social if we do not have any interaction

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