Steem prices stumbling....Is it a good or a bad sign?

in steemit •  6 years ago  (edited)

Wednesday midnight I randomly checked the Crypto prices and it was a little jerk that I got looking at the Steem prices. In my mind I am just praying No No No....please don't go down further and then I kept checking the drop rate in comparison with BTC and my heart is sinking further. I am thinking the Steem prices have already gone down so much and how much further it will still reduce.

But then I thought that this stagnancy has been for very long and this everyday slow sinking is killing it more, so it is best if the bottoms are touched soon and the time for bounce back is there again.

So what do you all think; are we heading towards the bottom to rise up again or is this going to further take our heart beats away? Personally I feel we are in for a bottom now and very soon we will see the trends changing. We are at the end of the tunnel and it's time to see the light again. I sincerely hope December brings in some light and signs of relief.

I am no Crypto expert so I would like to hear some insights on the Steem prices in the next 2 to 3 months.

While the Crypto prices are in it's own swings I am still happy going around with my daily life routines and travels. Travelling back to India and this time not home but to a different place i.e. Dharamshala in Himachal Pradesh, where we are looking at visiting a Doctor for my Husband Autoimmune disorder treatment. He does Herbal treatments for the most complex health problems. He is considered to be a genius, have cured many Cancer patients with his treatments. A 92 year old person who has been also assisting His Holiness Dalai Lama. I feel just meeting him also is a privilege in life and I am so much looking forward.

I am speculating a lot for this coming week, firstly with my Husband's health. I am not sure if the Doctor we are visiting will his treatment work for him but I am still very much hopeful and my gut feeling says it will, so I definitely want to take this chance and visit him. Getting his appointment has also not been easy but all thanx to my friend @wiseindianlady who has helped us in getting this appointment. When I say I truly admire steemit for the wonderful people I have come across here, this is one example of it. If @wiseindianlady (Gautam) would have not helped me it would have been impossible to get the Dr. appointment. With all my heart I wish to express my gratitude to him for all his efforts. And then the other is the Crypto prices. Lets see how the month of November treats me and brings a closure.

Thank you for visiting my blog.

My other blogs of Interest


EcoTrain QOTW: Is the Death penalty the epitome of hypocrisy?
Small Actions with Huge Power
The Disorder of Parent Induced Wastefulness (PIW)
Sangria Recipe - My First time attempt, turned out to be a pleasing punch 💖💖

Member of


Supporting People Who Help Make The World A Better Place @ecoTrain

VOTE ENGINEWITTY FOR YOUR WITNESS


Enginewitty_1.gif

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!
Sort Order:  

Don't fret. I think with the intro of SMTs we will see a huge uptrend, imho :)

Hoping for the best @robertandrew

Honestly, I think it's a positive thing because we've been on a slow grind for so long. I'm hoping the lower prices will bring more investors, and the market will do what it does: recover. I'm not worried, because I'm in it for the long haul and I see how valuable Steem is as a blockchain, being used by people around the world in real time transactions. As for your upcoming week, blessings to you and your family.

Thanks Katrina for your good wishes.
Same here, I am looking at a decent returns after couple of years so its not bothering me much but just that little anxiety.
Wish you a wonderful week ahead 💖

That's fine! Prices go up and down. STEEM was at $0.071 on 11/03/17.
When I started to get interested in cryptocurrencies Bitcoin was at $220.
Now for me it's all about creating content that makes me happy and if it makes happy other people and makes me earn something then even better.

You are a very early entrant in the space @donatello, well I got in a little late but I am still happy with what i have gained.
Yes for me too I enjoy writing so the prices have not taken away my enthusiasm of writing.

not to be too pushy, but have you guys checked out cbd oil for treatment, helping thousands of people world wide, there is a really good community resource page on facebook called Cannabis Oil Success Stories, it's the page that has thousands of followers...good luck with travels and such...

Thank you @kimmysomelove42, I have not tried it but thank you for bringing it to me. I will surely read in more of it and see how it can be helpful for me. I am always open to natural therapies rather than taking pills everyday and destroying the body further more. Thank you for your help.

I think what we'll see in the coming months is the crypto market start to split into usable tokens vs speculative. When this happens, we'll see some prices go way up, and others go way down, representing something closer to their true value. For example I think Ripple is way undervalued, as well as Ethereum - as both have real world applicable uses, and the growth potential for the technologies that built these tokens is quite high. Steemit most likely will increase as well, as again there is some "real value" behind the currency. Great post, cheers!

Thanx for the insight @creatingutopia. What is your view on EOS?

@nainaztengra

I like EOS as I gain many airdropped coins. Since buying a few EOS I now get many new coins that are launching on their platform. I got about 6 or so air drops since EOS's mainnet started. They just show up in your wallet.

The same with ETH, NEO and even MITH.

I am by no means qualified to speak on the evaluation of crypto but just wanted to say I wish you and your husband all the best. My have has hypothyroidism and has taken it head on using only ayurvedic and/or herbal supplements. We are fortunate to have things readily available like moringa but I'd love to be able to include CBD in the treatment at the very least. Anyway, I just wanted to bestow my heartfelt blessings towards the vibration of healing and salute you for not getting swept up in any economics hysteria. 🙏

Posted using Partiko Android

Thank you very much @skramatters for your good wishes. I am also looking at natural therapies to cure the problem. CBD is a second recommendation from you, so i am surely going to look on it.
Wishing you good health and happiness 💖

Hello friend,
I completely agree ! I prefer an “electroshock” than this slow death.
We will now see what happens but I did not change a bit of my routine and even downloaded EPS wallets and started playing Blockchain based games with it.
I cross my fingers for your husband.
Take care @nainaztengra.

Posted using Partiko iOS

Same here, I have been working to build up on my SP and some trading on btc and tapping on other areas of crypto. Hopefully the sun will start shining soon again.
Thank you for your good wishes @vlemon.

just my thoughts;)
thanks for this post and the question, dear
I was interested in people thoughts as well

I guess it's all going to be positive at the end of the day, these are just some small hitches on the way. So keep hoping for the best.
Wish you a wonderful week ahead 💖

I'd allow myself to cast my non-professional advice. Enjoy your time every day and appreciate the friends around you. Let the markets regulate themselves while you treat us with the best of your content.

That's so very true @ravijojla. Thank you for those high energy words

Crypto prices are wild and easily affected by politics and manipulation so I am just still happy and optimistic that steem price will recover.

Anyway I hope and pray that your husband will recover too fully soon @nainaztengra and I am happy for him that he has a caring wife like you.

Thank you my friend for your good wishes.
I know market will have its own course but at the same time other things need to keep moving pleasantly in life 💖

Nice!

Posted using Partiko Android

Nice blog, i hope your think of speculate is become to correct in near future.

  ·  6 years ago Reveal Comment