RE: STEEM taking a nosedive! What's going on here, and what does it mean for our future?

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STEEM taking a nosedive! What's going on here, and what does it mean for our future?

in steem •  8 years ago 

That's pretty much why I'm asking, a lot of people are saying it's a great time.
I actually think the market pricing is mainly coz it's being made and sold out of thin air so to speak.
A lot of cashing out lately perhaps?

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I don't know, I have been watching it for a couple of weeks and it has bounced up and down. Depends if it carries on down!!!

Yes I think it is the cashing out, I even wrote a post about it. Too many people selling STEEM and not enough buying.