Steem Price is Falling.steemCreated with Sketch.

in steemit •  7 years ago 

Steem price is falling and now its worth is 0.96SBD.
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I have come across a number of Steemit users raising concerns over the falling Steem price. Steem price is down about 40%. Not so good in maths, but it's nearly about 40%.

Causes:

One thing we will all certainly agree on is that, by whatever measure you use, prices have fallen. I believe there are a number of contributing factors to this market move. I think it's the fear of missing out that making people to sell their steem. So market of steem becomes irrationally quick.

Users:

Although users are increasing day by day but the value is still falling down. This is, however newbies are burden on steemit.

Summary:

Well there are number of factors effecting the declination of steem price. But the thing is people are freaking out. They are afraid to be theft.

steemit steemprice declination
7 years ago by

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      ·  7 years ago 

    Calling @originalworks :)
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        ·  7 years ago 

      The @OriginalWorks bot has determined this post by @taimoorahmad to be original material and upvoted(2%) it!

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          ·  7 years ago 

        Calling @originalworks :)
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            ·  7 years ago 

          Calling @originalworks :)
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              ·  7 years ago 

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                ·  7 years ago 

              This wonderful post has received a bellyrub 5.21 % upvote from @bellyrub thanks to this cool cat: @taimoorahmad. My pops @zeartul is one of your top steemit witness, if you like my bellyrubs please go vote for him, if you love what he is doing vote for this comment as well.

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