You are viewing a single comment's thread from:

RE: 🎥 Cryptocurrency Market Overview | 11.08.2019

in #dtube5 years ago

Thanks for a great video @cryptospa, and really nice to see you back on Dtube my friend, I hope your move went well and that you where also able to get some rest in between.

So yeah the price of Steem is in a downtrend, and to be honest I think this will continue for a while, in my opinion this is due to a higher sell pressure with all these new tokens on Steem-engine, and I think it will stabilize and then reverse when the price gets to a point that it will just be too tempting for some really big pockets to start buying and powering up a lot of the liquid Steem, meaning the Steem in circulation is decreased and thereby lowering the supply.

That is just my thought anyways, but I also think it will happen, since there are quite a bit of big projects and big pockets that just have too much to lose by not starting to buy and thereby reversing the trend at some point, and by doing so they will also make a lot of money when it turns around.

And yeah Steem-engine is great, the only problem for me is all the time it takes to claim and stake all these tokens, I mean it takes 30 minutes per day, that's just crazy.

I have also gone deep with CTP, it's a tribe I really like, and I see a really bright future for it, a lot of new Steemians have come from that in the last 2 weeks already and I see many more arriving very soon, so in my opinion this will be relly great.

Stay awesome!

Sort:  

@flaxz, thank you for your awesome comment.

Now I will have much more time and will start to watch your videos about CTP. Let's see what this project is about.

Coin Marketplace

STEEM 0.19
TRX 0.14
JST 0.030
BTC 61420.98
ETH 3276.21
USDT 1.00
SBD 2.47