RE: Steem - $1.37 (-14.47%), SBD - $0.96. What are the reasons for the depreciation?

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Steem - $1.37 (-14.47%), SBD - $0.96. What are the reasons for the depreciation?

in steemit •  8 years ago  (edited)

A lot of people say Steem / Steem Dollars will reach $5 USD (or more) by the end of the year.
I don't know the reason(s) behind the depreciation.
I am a beginner on Steemit but I trust Steemit and I am staying for the long run! Due to my multiple disabilities I am unable to make friends in real life and I am unable to work and because of this I am unable to buy huge amounts of Steem but I am trying to be active and engaging on Steemit!
I am trying to Power Up and build my account slowly!
We will see what will happen!

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Yes, everyone says about growth, but everyone only assumes, but does not state exactly. I myself am blogging here as a hobby, I have a little time and I'm interested in blockade as a technology. In addition, I can make several tools that will help the community, which I do. And about the price - let's see how events will develop

hey hunter if you are good with coding please consider helping to make a bot that will downvote flatearth posts and comments here on steemit. i posted a short article explaining why it is needed...
https://steemit.com/steemit/@quantumpoker/bot-developer-and-rational-whales-needed-for-essential-steemit-project