Steemit is Social Media Platform which is growing rapidly nowadays with lots of users as everyone gets paid while creating and curating a content.
While the rewards are distributed among the blogger and curators acoordingly as a daily reward and those rewards are worth usd$ whereas you can easily notice about the decentralized community that the value of steem dollars are decreasing day by day and the following chart shows the major decrements.
But steem dollar is not only the crypto currency having its value deducted..
steem and steem dollars both are different . steem dollars creatde for stimmit platform so that users support each other buy power etc. steem can go down and rise with according to crypto market but SBD lesss popular for trading purpose. The reasons why SBD down is one of the reasons is people want to collect SBD free instead of buying it from exchanges. If all stimmit users buy at least 10 SBD than it will go over 50$
So stimmit users should focus on no SBD
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Lets grow and build in steemit together :)
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Ok
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we can see the gradual fall of the biggest cryptocurrency bitcoin. with fallen of bitcoin every price has fallen down
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yes we can noticed the difference as well :)
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Bitcoin is still very expensive
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But the value seems to be decreasing!!
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nice observation my dear
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Yeah Thank you!!
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I still believe there will be an uplift
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me too!! positive vibes on :)
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Nice explanation, you seems to be an expert here, hope anyone you explain too what's neccessary to give other User more Cents here (I would love to do this, but I can't), because I've seen some people with some SP who gave me more Cents with 1 Upvote than others who had much more SP, this was very confusing.
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yeah!!! i personally feel that steemit is quite complicated as well!! Hoping to grow and grow in steemit even more
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this is a chain reaction that the BTC has generated
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Thank you for the information!!
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due to market unstable and profit gainer trader..
market is going down almost all of coin are down since last 5month...
when market stable it should rise....
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yeah i have noticed that fact as well ☺
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