Power Ups Failed? Steem Price Going Down? - 573

in steem •  5 years ago 

I saw some posts about there being a power up day the other day on Steemit. The price of Steem didn't seem to go up though. Right now it appears Steem is in a downward trend. :(

https://coinmarketcap.com/currencies/steem/historical-data/

Hopefully it can at least hold and gain support around 23 cents but right now it is barely above 23 cents.


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Friday 8-2
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I dont think anyone cares about the power up day. People invested enough in this blockchain. Now Steem has to step up.

What news do you think would make it go up? Everyone I know that is not/no longer on Steemit thinks this is a death project.

I think price is them main thing and Steemit Inc helped kill that. I think that might be my blog post for today.

Who knows the price may drop so low that there will be a surge in buying Steem that may bring the price up. Don't listen to me though I have no idea what so ever how a market works. This platform works more like a email system than a blogging platform, you send a comment then maybe later or the next day someone answers it. The Injuns are starting to form tribes now...better circle the wagons.

Interesting analysis. lol
You never studied economics?

You never studied economics?

No I study the blog a sphere where I seen someone else say that could happen....lmao.


source = google
lol

...it was actually on here.

9¢. I predict between 9¢ and 11¢. If Steem Monsters can't save it I see a death spiral by January. I wonder if Steem Monsters can port over to another blockchain like Tron if Steem goes bye bye?

I don't think it will ever go that low but I think it could go below 20 cents.