Steem price continues to tank ...

in price •  6 years ago 

So, it is 1.45 dollar now. Down from 1.56. Ned hasn't dumped yet. I don't even know what the price will be when ned dumps. But even if it dumps it will probably go back up. Steem has a working product that generates a lot of value by itself.

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How do you know that Ned is going to dump? Can it reach $0.90 in a short term? That'd be great!

Ned has quite a lot liquid Steem ATM for someone that is not going to dump (over 110,000 Steem is an orca sized account, liquid and ready for sale):

Not going to quit any time soon, but does seem to want to dump some.
For his size, it is just a quarterly wage or something.

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It seems the rig is in! But is he ready to cut the branch? Thx for that!

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Ned recently started powering down 1.8 million steem. And it was my assumption.

Yeah I saw it. A lot of whales did. The price is going down af! I can't see trading volume, but I'd like to know if anybody is selling off a lot of it! Maybe it's gonna go down for real. It'd be cool :)