Steem's First Pump n' Dump - How and Why I Celebrated

in steem •  8 years ago 

Last night, I put the coffee on, my girlfriend baked a cake, and we spent the night glued to the steem market price ticker. It was like 2013 all over again as we rode the bubble up all the way to the $5 mark before coasting back down to settle at $3 this morning. Buckle up and enjoy the ride 'cause there's plenty more where that came from!

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Me watching coinmarketcap.com

After seeing this so often with bitcoin, the bubble cycle can be seen so often.
It may sound like devaluation, but after all its just part of an upwards trend.

Yup, classic pattern. I've seen it so many times in the exchanges as alts are discovered...
Higher highs await!

bingo... we would appear to be at the "back to normal" point now, just before the epic plunge... but we'll see.

Burned few times with these sudden cycles. Patience pays off in some cases, but crypto world is beast to handle

Yeah, I was up late and thinking about selling at 5. I held... the next bubble will be huge. ;)

agreed... could even be tonight. I see it's at $4 right now.

That was something, can't stop watching.

its the eyes. Crazy eyes ;-)

So say we all, lol. I was up waaay too late as well.
Image

yuuup. That's it :)

@piedpiper Thanks for sharing this! I bet the cake was excellent too!

Oh, it most definitely was. Vegan chocolate cake... and the coffee had cacao liquor in it too :)

On BitCoinTalk, where the posters are brutal, they are beating up on Steem. Another scam coin many say. I personally get overwhelmed by the number of new alt coins. My main question is different than that though, I am wondering how a website with a pile of random posts will work.

curation rewards is where it's at

I'm trading in and out and powering up most gains. Fool's errand maybe?

Nice. The more you can power-up now, the better.

I don't know how to feel about this.

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