Steem Flying Over $6 . Is This Bad?

in steem •  7 years ago 

So I would assume people are happy about this but doesn't this mean a big sell off is coming. Will Whales cash out and effect the community?

Screenshot of Steem (STEEM) $6.27 (109.21%) _ CoinMarketCap.jpg

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7 years ago by

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      ·  7 years ago 

    I prefer the price to be lower, because I like converting SBD's to Steem but ride the wave now! Times change and its nice :)

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      ·  7 years ago 

    Growth is good. Although we see STEEM rising astronomically compare it to many other cryptos in the space. I see a large sell off, yes, but a new stable high is going to follow. This is usually followed by more growth. Have some confidence in the platform!

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      ·  7 years ago 

    I think you are right @discobear . I'm wondering if Whales will sell off and if they do what does that mean for Steemit? Any thoughts on that? I'm unclear

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