I noticed Steem is down to #34 of crypto coins by market cap on coinmarketcap which seemed pretty low to me. I used to remember it being around #25. I wondered if maybe this was due to the Hardfork announcement so I did an analysis.
August 8th Steem = $1.03 August 11th .962 =93.4% of value
ICON the coin above Steem 8-8 = 0.759730 8-11 .670142 = 88.2% of value
Aeternity the coin below steem = 1.28 8-8 and 1.15 8-11 = 89.8% of value.
According to this Steem is not losing as much value as other cryptos after the announcement.
Sunday 8-12
217.003 SP
2769 VP
#king
I fondly remember the time when Steem was top 20.
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Great post!
Thanks for tasting the eden!
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Today Steem is # 33 Up a Spot
But price down to 0.88!
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Maybe next week it can get back to 30. Seems like the SBD should help it.
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A well known saying applies now "Winter is not meant to last forever". What are your thoughts regarding the evolution of the exchange rate for Steem until the Hardfork?
I will keep on using the blockchain since I really appreciate it and want it to be sustainable on a very long term.
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I expect the current trend to continue. Lower Steem with SBD holding it's value. Hopefully Steem holds above .90 but who knows.
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38¢
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I think that we need an "steemit inc" (with the mission of care about the blockchain) that cares about the promotion of the social network.
1% of the witness reward for that???
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Steemit Inc might be running out of money.
I think we need a setup that doesn't push all our investors into delegating to bots. Part of it is the culture on here.
Thanks for delegating. You might want to sign up for @dustsweeper. FYI
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You should not forget that many shitcoins already vanished and that many coins/tokens in the top 100 are still alive. Steemit isn't maybe in the top 25 anymore... but who would have ever thought a site like youtube or facebook or reddit to get to where they are now. :)!
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If Steem is moving down in the ranking, it means that it's underperforming compared to the other cryptos. But, this can all change if you make the timeline larger or smaller.
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Everyone remain calm and this too shall pass
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This post has received a 11.33% upvote from @lovejuice thanks to @mysearchisover. They love you, so does Aggroed. Please be sure to vote for Witnesses at https://steemit.com/~witnesses.
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You got a 8.50% upvote from @brupvoter courtesy of @mysearchisover!
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