RE: STEEM being Pumped and Dumped

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STEEM being Pumped and Dumped

in steem •  7 years ago  (edited)

I've been rather cynical about the steem price lately and I think it's purely because of the high Bitcoin price, when I see a crash happening in BTC then I think we might see money go back into steem, maybe something will happen after new years? We'll see.

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7 years ago by

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      ·  7 years ago 

    Agreed.

    New Years could bring $10k who knows?

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        ·  7 years ago 

      I dont think so the price of bitcoin had already been rising a few days before price of Steem was pumped

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          ·  7 years ago 

        Well I'm thinking historically speaking, altcoins always rise when there's a Bitcoin price crash, I'm holding my steem long term though so we'll see what happens.

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            ·  7 years ago 

          Yes there was lots of profit saving in the past to the top cryptos but with profitability of mining and speculation in alt-btcs they will be taking a significant portion for now

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