Steem is below the support line!!

in steem •  7 years ago  (edited)

I have never seen steem so low for so long...

0.95...

Hopefully it changes quick because at this pace we are in dangerous grounds meaning anything can happen..

This is unprecedented at least for the time I started using steemit...

Steem was much lower than now for an extended period of time

What are we looking at now? What is going on?

Is this the slop before the pop or the dip before the slip?

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Just think of all this as a wonderfull "BUY" opportunity. Nothing more. And you will be the winner. Only strong balls win

Everyone wants to cash in on btc hardfork free money. I wouldn't worry about the price of steem for the next month or so , but be ready to buy!

whatever sbd I get am buying steem with it for sure :) I figure the btc hf got to do with ...looks like this time is going to be big for those who hold btc...

It's the poop before the scoop. Becoming de-valued as a commodity right before our eyes.

:P let's hope for the better ;)

I'm actually hoping for it to get worse. image

How is this important? What does it mean?

well in the worth case scenario it would crash but actually it is a good investment for new users by buying the dip they will pour more money to steemit hence more valuable steem will be in the future...hope I explained clearly :)

I mean if steem crashed it would mean that people are bailing on the platform correct? Cashing out? Could this price just be related to bitcoins rise invalue

I believe it is more cashing out...people are rushing for bitcoin this period...wait until they return buying steem from the profit..we are in the last week of the dip I like to think

I would tend to agree with that. We are also going to see some people starting to cash out as earnings too. People that have been in while now have the bank to enjoy some of their earnings.
Either way as long as we use steemit and premote it it will grow

Amen on that last part ;)

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Just think of all this as a wonderfull "BUY" opportunity. Nothing more. And you will be the winner. Only strong balls win