View this post on Hive: STEEM-BITCOIN market. Next support at 0.00085 BTC.
STEEM-BITCOIN market. Next support at 0.00085 BTC.
8 years ago by twinner (68)
$0.39
- Promotion Cost $0.01
- Past Payouts $0.39
- - Author $0.35
- - Curators $0.04
40 votes
- + fabio: $0.141 (100%)
- + jesta: $0.100 (100%)
- + twinner: $0.044 (100%)
- + neptun: $0.042 (100%)
- + anarchofacebook: $0.009 (100%)
- + sauravrungta: $0.008 (44%)
- + felixxx: $0.008 (100%)
- + elyaque: $0.007 (100%)
- + jessica-miller: $0.004 (100%)
- + uwe69: $0.004 (100%)
- + doitvoluntarily: $0.003 (100%)
- + febird: $0.003 (100%)
- + mindfreak: $0.002 (100%)
- + oululahti: $0.002 (100%)
- + morning: $0.002 (100%)
- + netaterra: $0.001 (100%)
- + nelu.ceban: $0.001 (100%)
- + holzmichl: $0.001 (100%)
- + stephen-somers: $0.001 (100%)
- + matthewtiii: $0.001 (100%)
- … and 20 more
So why are the steem coins going down so much in value ?? It is insane !
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This post might be of interest to you: Down Down We Go – And why that might not be a bad thing
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Thank you i will take a look now.
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because a lot of people sell their Steem. More sellers than buyers. Steemit just hast 85k users. We need more buyers for those coins generated daily.
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Is ot also because of panic sells ? I see much panic a few weeks ago on bitcointalk.
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sure. A lot of people sell if price is falling. There aren't only investors in the Steemit network. There are also people who want to make a quick buck. Those people sell all their Steem when prices are falling. And prices fall because Steemit users cash out.
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I think $0.50 ish will be an important level
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Yes, possible.
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I bought a 1500 steam for 0.00136. Falling prices do not need me now)
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Although Steemit may not be a flash in the pan, it still had the initial splash and the ripples will last a while then calm. I know people are here to build a fortune (good luck), but no matter what it is still a far better platform than the thieving facebook or other venues. So hang in there in time all will stabilize.
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u think itll keep going down throughout oct?
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Possible. If whale sell panik - sell panik first :-)
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