Price of steem is taking a beating

in money •  8 years ago  (edited)

 

STEEM (STEEM) 7/17/2016

LAST3.2638 0.00480000VOL617283.6109 907.81407169BID3.2163 0.00473001ASK3.2638 0.0048000024H HIGH3.7251 0.0054784024H LOW2.9239 0.00430013
 


When will it end??  Seems like these security updates and transfer restrictions are taking their toll on steem price...  I got stuck with some steem I bought at .0054000 btc .  I was buying dips and selling for profit for a while until this point.  What will ultimately happen to the price?  Should I buy more steem now that its a little lower..  Or will it sink again????


Your thoughts?


#steem #money #price #crypto

money investments crypto steem price
8 years ago by

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      ·  8 years ago 

    hope a whale upvotes your post bro, i am about to panic dump lol, lost few hunderds last couple hour

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      3 votes
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        ·  8 years ago 

      Many of us were left holding the bag. And we cant even power-up with it either............

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        2 votes
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          ·  8 years ago 

        worst so is bitcoin is soaring nooooo, its only a temporary thing for steem atm, but it still hurting my bank xD

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            ·  8 years ago 

          dude you are explaining exactly what happen to me i buy for .0053800 now stuck with em :( hope to god it's not gonna last.

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            1 vote
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              ·  8 years ago 

            Earlier today, I read that 90% of all STEEM is locked in STEEM POWER by investors

            At current the price of STEEM is at 613BTS with a volume of 189.32k. When it peaked several days ago, the volume was 250M

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              2 votes
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                ·  8 years ago 

              I wouldn't worry about short term movements. People panic sell all the time, only to regret it later. If you believe in the currency/product, why would you sell? If you like Steem, and the price drops, it means it is on sale. Ask where you think it will be in 6 months/1 year. These days, it seems like until a crypto currency gets hacked/exploited/has an exchange crash it isn't legitimate. This hack could (and probably will) make overall security way stronger in the long run.

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                3 votes
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                  ·  8 years ago (edited)

                Yea true. Hacks are always better when they occur sooner rather than later. It was a good reaction by the team too.
                The price is still quite low so I will probably buy more and power up with a bit of what I have....

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