I expect we'll be seeing ~.002BTC/STEEM on the markets this week or higher with the end of significant PoW and the change to witnesses. Also all of the new mining will be going into VESTS (Steem Power) and not liquid STEEM.
RE: STEEM Price Speculation
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STEEM Price Speculation
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to the moon!
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So we've seen the "mining monster" gru1234 transfer all of his holdings to Bittrex last night:
This triggered an initial selloff down to 0.001 which is where the price stands right now, however the selling was not done by gru1234 as can be seen from Bittrex distribution graph:
Unless gru intends to bide his time hoping for a better price, we can probably expect a downwards price pressure in the short term.
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Where can we see the Bittrex distribution graph you're talking about?
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