RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis Update #13 "Testing new grounds" Aug 12, 2016

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$STEEM/BTC Daily Poloniex+Bittrex Technical Analysis Update #13 "Testing new grounds" Aug 12, 2016

in steem •  8 years ago 

Wont steem have a value in the marketplace that is rumored to be opening on Steemit? Or will steem dollars have the most value in that scenario?

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8 years ago by

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      ·  8 years ago 

    I'm not sure how that would play out. Again, Steem or SP don't have any perceived value for any smart trader, that's my personal opinion. I would never buy into a highly inflationary currency, coin or project. I would buy into a Steem token or asset that is directly linked to the value the platform brings (content) but Steem and SP are not linked. If you buy Steem you are getting punished in the long run no matter what you do. That's the fundamental aspect. I enjoy these technical analysis in the short term but crypto is a whole different beast than other markets.

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