STEEM is 42nd already!
It has been a very negative week in terms of news, Steemit powering down and @ned appearing not helping at all in his interventions lately...
However, we get an amazing week in economic terms!
STEEM growth this week has been 48%! Which is outstanding for the current situation...
I still think that this “outstanding” growth is related somehow with the Steemit powering down...
We have to be cautious and see what happens when the first batch of Steemit’s Steem arrives to the market...
I expect a long correction...
Anyway, enjoy the current price.
Posted using Partiko iOS
There is the possibility in my opinion that the price will keep on going up for as longs as the powering downs take just to have a peak where to fall from once the high amounts of Steem will be dumped on the market. I hope I am wrong though...
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