STEEM - Still in flat mode

in steem •  7 years ago 

Hello all,

The steem is in flat mode since days now :

STEEMUSD.jpg

We are not able to leave the current levels since 10 days now.

This kind of consolidation is often the sign of an incoming break out.
It is impossible to know the direction that it will take but let's hope it will be a UP Break Out.
The more we will stay in that zone level, the more the Break Out will be powerfull so be prepared to watch the show ;-)

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

BARRE STEEMIT.jpg

Interested to trade your cryptos like a Pro ?
As a trader, I recommend you the trading platform Bitfinex
10% discount on your trading fees for 1 month via this link !

BARRE STEEMIT.jpg

You prefer simply exchange your crypto with the lowest fee possible ?
With my daily exchanges of cryptos, I can recommend you the platform Binance

BARRE STEEMIT.jpg

CryptoPassion-Bannière.jpg

BARRE STEEMIT.jpg

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Hahaha

In Afrikaans we say "skreeu snaaks" which means it's so funny that you scream

Afrikaans was an dialect of nederlands?

It is a branch of Dutch..formed by the Cape Settlers around the 18th Century. I can understand to a good degree what Dutch person is saying, and vice versa

Their are a lot of similarities, but 'skreeu snaaks' isn't something i'm familiair with.

I assume you are from Holland then? What is the proper Dutch for shout and funny?

  ·  7 years ago (edited)

I am from germany.But since i know norwegian and old english too i understand dutch without problems c:

Old English? What do you mean by that? Proper old Anglo-Saxon like ancient 6th century?

  ·  7 years ago (edited)

Ġea iċ understande and sprece Ænglisc c:
(Well of course not perfect)
It's easy for a german to learn and speak it since it's a mix of old "german" dialects...Maybe i had the advantage of knowing already 5 languages and how the process works...But it's anyway dedication...But the funny thing is that sometimes old english is that similar to modern german,that i am using it even to friends who don't know it because they get the meaning :D

sooner or later ...steemit will be in the moon

Don't expect that its price will rise in the near future.

Why do you say this? I'm not disagreeing but just bought more for account purposes and trying to understand why it has dropped so much.

Offer exceeds demand

Crap content rewarded with lots of Steem --> price gets corrected

I believe Steem is just a Sleeping Giant,, I still remember when It crossed $10 lool.
I hardly believe everyone who owns Steem and commits to hold will get great Rewards very soon.

Oww nice sharing...

how I can quickly earn crypto money by mining mining is a process of securing transactions in a block that completes the blockchain. Encryption is performed by very complex mathematical calculations performed by miners' computers. The latter are thus essential to the mechanism of cryptocurrencies and help secure the currency they contribute to create.

To easily explain what is the mining of a cryptocurrency, the security expert Andreas M. Antonopoulos does the anology with sudoku. "To describe the mining, we could use the example of a huge sudoku contest where participants start a new grid as soon as someone finds a solution. It would be easy enough to check that a completed grid is full. But it will take a lot of work to finish it! The puzzles to solve in the bitcoin network are based on cryptographic hashes and have the same characteristics as these sudoku grids: they are very difficult to solve but it is very easy to verify that a solution is good, and their difficulty can be adjusted ".

As an individual wishing to undermine a cryptocurrency, it is better to join a community to join forces. Because unless you have a very large amount to invest, the mining will be too difficult to achieve alone. This community will provide you with software. Once installed, just let the sofware and let your computer run.

Once a block is completed, the benefit is shared among the community members in proportion to the power of calculations they have provided. Currently, 12.5 bitcoins per block are distributed, more than 110,000 euros at the current rate (1 December 2017). Understand that you only touch yourself a tiny part of the amount, to the extent of what you have contributed. This may ultimately represent less than one euro cent.

Make money by mining Bitcoin (or another cryptocurrency)

But beware, the mining may look attractive on paper, but is not for everyone and many precautions are to take. First of all,and the computer is a bit more expensive for mining but in my opinion it can earn more

Sometimes going badly and sometimes are good. It a generally rounding door to door.
So, don't need to fall into the frustration.
Steemit bad time goes.what happens?.. I hope
It will be well soon.
Never hopeless..
Steemit is the moon.

Not only is it gigantic that can leave soon evolve this new world that is changing as time passes

Other crypto-currencies are only that and behind STEEM & SBD stands Social Media. The more active users Steemit has, the more activity there is, the more usage of it, the higher need for those crypto-currencies is present and their price raises. So let's get working...🤗

I would say the amount of users do not matter but the amount of users who are successful is what matters. It is discouraging if you do not get rewarded for efforts.

Steem is a great crypto with huge potential I really believe in it. It could be a next Litecoin story ;)

hodl my friend's i belief in steem
it will go up in time

It might take a few days to follow the upward trend. But i believe that steem has lot more potential than it is currently valued at. Hey this might be off-topic but can you have a look at my post. I would really appreciate that.

Thanks boss for this information. I had been wondering why and what is causing this problem to both steem and sbd. I know we shall overcome this very soon.

Lol, your right. Am holding onto steem. I believe it's gonna be an upward breakout

I think the technical analysis is a bit harder than that
And it's also unlikely that the next move is going to be down, and if so, the move afterwards will likely be bullish.

Don't worry bitcoin is destroying everything now. But market will again move some fonds to alts.

I have notice the same thing that if any crypto establishes a flat pattern ,the next thing that will happen is break out.thanks for this info ,i have prepared to take huge profit when that happens.

Sir plzz share my steemit account prashantlakhani

  ·  7 years ago (edited)

Why do you use STEEMUSD? You can't trade it and the STEEMBTC chart doesn't show any of these patterns. What am I missing?

Whatever direction it goes, I think it's still gonna be great, because on the long run steem is going to the moon, so a little drop helps aquiring more

Give it time.It hink it's because of the big rise...
But didn't i understood right,that the idea was it to hold the std on the USD value?

Maybe the right time to buy some ;)

  ·  7 years ago (edited)

Dear sir, I wonder if I can translate this article into Chinese. Best wishes!

In steem we TRUST mooning will surely come

excellent post, thanks for the recommendations, I believe that one of the best things I have found here is the help and recommendations offered by people with more experience in the platform. Thank you.

i think steem should be doing better. This is an amazing platform