I understand people moved steem to bitcoin to get bitcoin cash.. Why is Steem still going down? Are major players selling steem for more attractive altcoins?
Steemit has always been pretty volatile and unpredictable unlike BTC's sister coins like LTC and to an extent ETH. Those seem like they will always follow bitcoin's lead.
Great questions though @secter I'll be looking for an answer to that tonight.
Steemit has always been pretty volatile and unpredictable unlike BTC's sister coins like LTC and to an extent ETH. Those seem like they will always follow bitcoin's lead.
Great questions though @secter I'll be looking for an answer to that tonight.
Actually LTC and ETH are down too. As far as I have seen they go the opposite way as Bitcoin normally ;)
Do not look at the price. You are doing great, and when critical mass of people will join steemit, your efforts will pay off.
i actually went up yesterday. at some point more than 20%
Its went to 1.65 before crashing again...