Low volume in Steemit Trading

in #cryptocurrency7 years ago (edited)

The total amount of trading volume in the last 24 hours for Steem has been about 1% of total market value. 

Now this is a worrying sign as far as Im concerned. Are there are any good reasons to be happy about this? I for one hope to see 10 times the amount of trading transaccions in the BTC/Steem pair as cryptocurrencies become more and more popular. 

Being in the top 10 is a huge boost with many users finding out about Steemit by going to coinmarketcap.com

Nobody is complaining about the price at the moment 0,98$ is something that most have been dreaming about for months, but if we dont get the volume up I get a feeling we will be looking at another correction towards the 40-50 cent mark.


To make a long story short :

Buy more steem! Stop Powering down and dumping if you don't need to! Tell your friends about Steem!

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No need to panic, steem is not a platform which will go down with a few dumps. The platform itself is so powerful it will attract more users in long term.

mallorcaman Peter Lorenzo tweeted @ 01 Jun 2017 - 19:04 UTC

Low volume in Steemit Trading — #Steemit

steemit.com/cryptocurrency… / https://t.co/YNxbBV1vjN

Disclaimer: I am just a bot trying to be helpful.

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