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RE: CRYPTO ALERT! GREAT TIME TO BUY STEEM AND INVEST IN THE STEEMIT BLOCKCHAIN! BUT WHY IS STEEM GOOD TO BUY?
Well it has dropped to 9,790.00 right now, I read it was because of SEC regulation announcements so I don't think this will see a turn upwards this week, and it will stay down at least until they sort out what the SEC really wants. This is the problem with crypto any move by any good sized government or especially a super sized one like the US has incredible effects on its price.
That is a very interesting point. Though BTC isn't moving much over the next week, I'm almost confident Steem will see a burst.
It's insane how much impact WG has on crypto. When Korea started raids and rumors went around that China was banning crypto....the market plummeted. It's still recovering today actually....over the actions of WG. I think this has the possibility of rebounding sooner than we think, but the relies on the community around BTC to fix.