RE: Steem just hit lowest price ever...

You are viewing a single comment's thread from:

Steem just hit lowest price ever...

in steem •  8 years ago 

It falls because supply out paces demand. So either people are selling it faster than people are buying it, or is being created faster than people are buying it, or both.
What causes these things? Market sentiment which is influenced by many factors.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!