RE: A look back: I predicted a lower Steem and SBD price. We won't hit bottom for a while.

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A look back: I predicted a lower Steem and SBD price. We won't hit bottom for a while.

in steemit •  7 years ago  (edited)

You guys joined during on of the busiest months for newcomers I have seen- the direct result of the delegations for the various platforms. It has to reach an equilibrium, I just feel it is at a lower price. It will rebound after finding a bottom I just don't see it until things "settle down".

It is all good, I admit I am part of the problem, I have cashed out roughly half of my rewards since streaming on Dlive to directly upgrade my equipment. In my defense, most of the crypto I cashed out to buy my laptop was bitcoin, bitcoin cash, monero and ethereum (only 15% was steem).
Oh well: it is what it is. Maybe this price correction is needed to gain mainstream appeal.

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