Steem in Value Crisis?

in #steemit8 years ago

Now steem at very dip value in terms in btc
at usd value of $2.51

While Bitcoin drive the market again in troubles and FUD
Lots of btc holders are loosing baggage
Take some profits

Is this the Bitcoin Whale manipulation again?

Look at the top 30 of the ALTCOIN, no one left GREEN standing! Every coin suffered from bitcoin effect!

Steem was on the rank 30 which is down already that at the time that steem was at rank 24!

FUD

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Taylor, a company that recently launched an initial coin offering (ICO) to raise funds to help develop a smart cryptocurrency trading assistant, has recently been hacked for 2,578 ETH (about $1.5 million) as well as some of its TAY tokens.
Full story here

Back to steem, Will we recover the price this week?

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I think we will be alright. The best thing about steem is that 13 week power down. So for me, I don't even really worry about the price cause 3 months from now (the time it takes for a power down) I bet the price will be much different

I think this is a great opportunity for new steemians to buy in at a discounted price. I still think we will see $10 steem within 12 - 24 months. @ironshield

Don't Worry I Believe that Steem price increase will be very soon.

It's been a while since i looked at the steem price. Market's down in the dumps these days below BTC 10k.

thanks for useful information

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