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RE: Exchange Transfer Report: 6/25/2017 to 7/1/2017
I guess it's only worrisome depending on your timescale. If the ratio increases, the price will probably go down in the short term. But in the long term, I'm quite optimistic about the success of STEEM. Ultimately, it seems the overall market cap of cryptocurrencies in general has more impact on altcoins than anything a specific coin is doing (or even its technical attributes).
I like your way of thinking Luke. Thanks for the reply.