I am confused.
Why is bitcoin going all the way up and right now it has reached a level where very few things go.
Someone told me that if Bitcoin goes up then the prices of Steem will go down and I have been seeing since the last few weeks and the price of Bitcoin is just going up.
I hope some day soon, the price of Steem will go up.
Steem did take a pretty heavy dip, to the tune of 17% to $0.96. It seems like when bitcoin holders get scared altcoin holders get petrified. At least that was the case with a few of the altcoins: etherium classic and ripple are down about 20%. Take heart altcoin investors!
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Yes, and I am waiting to see when it comes back to normal price.
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Of course the price of Steem will go up. Steem is just a year old. Just give it time.
https://steemit.com/steem/@jerrybanfield/best-usd25-000-000-investment-for-2018
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CME recently announced they were going to start trading Bitcoin futures which has signalled Bitcoin will be a mainstream class asset. This has caused alot of FOMO in the Crypto market and many people to buy bitcoin that don't even know much about it or crypto in general. Also, not enough people know about STEEM yet and there are alot of mixed reviews about the platform.
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Agreed. 10,000 is a magic number as well, I feel, that resonates with the news-hungry consumer.
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@originalworks
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