Steem is crashing

in #steem6 years ago (edited)

YESSSS, I have been waiting for this opportunity to buy. I have been talking about this for months now. I want steem under 50cent.

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My buy ladder is cast! I will buy lots of steem @ 50cents, @ 40cents, @30cents and @ 20cents! (if we go that low)

The cheaper the better. Hint: the price of steem will likely explode afterwards...

If you bought @ 40 cents.... would you be confident that steem will trade at least @ 1$ sometime next year? I would. In fact I am quite confident that it will trade much higher than 1$ in 2019. So this is always a good longterm price for buying.

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Steem aint falling below 50 cent mate.
Alot of strong people are holding steem power.
That is why steem is losing the least value out of the all coins.

Posted using Partiko Android

??? Steem dropped from 9.25$ to 60 cents. That is a 93,5% decrease and one of the highest drops of all top 50 altcoins. You are clueless mate.

I know I’m buying!
Might see .40, if so will buy as much as possible!! :)

Well low prices are a blessing for everybody who has money on the sideline but we shouldn't forget about running projects that are running there business on available funds. When the price of Steem crashes to much those developments would stop or maybe canceled. So in my opinion we are approaching a dangerous price territory where many users and developers can handle the losses anymore and will leave this ecosystem.
While some of us stackin up on cheap Steem many users and developers could leave and thats not a good trade off!!! I would rather like to see some outperformance of the Steem ecosystem since its one of the only really usable blockchains out there.

Yes, it's bad for Dapps but good for investors. But who is driving the market? Dapps or investors?

I was planning for $0.40, but if it goes even lower - why not. 🙌

Not funny for bigger accounts.
Hopefully the whales will support us dolphins in such hard times more again.
Resteemed.

Just be patient, but low & be patient 😉

Hahaha. Nice advice. Thank you.

I am very much engaged in the dApp @actifit and bought Steem to delegate some SP to @actifit. Everyone who can afford it should buy Steem. I agree that we will see the prize climbing up over 1$.

The problem is that STEEM will probably be trading north of $1 by the end of this year. I do not feel there is going to be time to wait and hope for a better price.

However, i do also see the softness in the market. The BTC->BCH->??? that happened, then the blah of nothing. How long will this melancholy go?

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