20 Cents - 579

in #steem5 years ago

Steem is back down to 20 cents.


source

Pretty strong downward trend.
https://coinmarketcap.com/currencies/steem/historical-data/

I wonder when the trend will end and where it will stop. Maybe 20 cents will hold but I doubt it. I would guess the bottom is bewteen 15 and 20 but it could be between 10 cents and 15 cents.

I'm still bullish long term. Maybe I will have to start promoting it more. I do mention to some people especially the people that are on the Youtube and Facebook hitlists. I think Steemit should be more popular than it currently is even with the questionable management practicies and some of the things that go on on the blockchain. Hopefully the new fork isn't too horrible.

Thursday 8-8

#king
1081.511 SP
1,864 VP

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Constantly buying sm cards from my steem.

I'm afraid Steemit needs better management. I hope they can turn it around still.

At least it seems viable now. That's a bad thing but they are still bleeding Steem and helping to tank the price.

If they don't they may find themselves doing a Whimpy style request to the whales of gladly paying them Tuesday for a hamburger today.

Let's hope and have a lot of faith that it won't come down anymore. Greetings.

It’s ironic that with so much activity and excitement on Steem Engine that Steem price continues to fall. The communities on Steem-Engine are full of fresh ideas, new looks and some of the developers are working overtime to make their projects a success. The success of Steemmonsters, Splinterlands and other communities is impressive. I am experiencing a renewed sense of excitement and the internal exchange on Steem Engine is very active. I am very encouraged by the activity there. These communities have their own front ends similar to Steemit and they are recruiting people from the outside of our ecosystem. We are very close to new Steemit in these communities. If you haven’t checked them out I suggest you take a look at Steemleo, RealityHubs or CreativeCoin.

I haven't even checked out Steemengine. lol If you do a post about it spam me.

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