The Official STEEM Report 4th March 2017

in steem •  8 years ago 


This is the official STEEM progress report for 4th March 2017.
STEEM has been consistently falling in price in the last few weeks, leading to a drastic decrease in its total Market Cap. STEEM has now fallen behind DogeCoin and is now placed at a saddening #17 in the Total Map Cap.
Current Market Price (Daily Loss) : $0.091790 (1.38%)
Price of Steem/BTC (Daily Gain) : 0.00007338 BTC (2.74%)
Market Cap : $21,907,063
17,514 BTC
Volume (24h) : $80,534
63.33 BTC
Available Supply : 237,779,167 STEEM
Total Supply : 253,746,427 STEEM

Reference

steem steemit cryptocurrency money trade
8 years ago by

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      ·  8 years ago 

    it doesn't matter. all cryptos have to eventually correct downward. expect more to fall sometimes soon

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        ·  8 years ago 

      Why would ALL cryptos correct? There are certainly a few cryptos which have real world utility. The prices of their respective tokens would only increase the greater the market share they encompass. So, it does matter, it would be pure ignorance if you say otherwise.

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          ·  8 years ago 

        its obvious, they all move up when bitcoin goes up and vice versa. nothing goes up forever

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            ·  8 years ago 

          I dont think you understand how this works. At all. The long term value of any asset depends on the amount of value it generates for an economy/society. Despite the fact that there might be short term corrections, coins can have a general uptrend over the long term.
          The upside is very much infinite, while the downside is limited to 0.

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              ·  8 years ago 

            agree, however right now, all CCs are following bitcoin until such time they decoupled from bitcoin for the reasons you mentioned.

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                ·  8 years ago 

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