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RE: with Steem prices bottoming out, I'm sure many of us are thinking this same thing
It feels aweful but it is great for investors and long term holders. Im in for a long ride so i pretty much dont care. All i care about right now is to build up my ateem power. When everything moves back ,
agreed. it's excellent for investors. we are up and coming. the alexa rank is only getting better by the day. so the price going down is only a fantastic buying opportunity.
wow you ain't kidding, look at how much it is jumping :) http://www.alexa.com/siteinfo/steemit.com
When it dips down this low, that is the time to buy in for more.
Also too, when it gets down this low since you can buy more(it was at 78 cents per), you can essentially buy double the steem. Then when price goes up and you have lets say 2,000 steempower instead of 1,000(since price went in half), then your 2,000 steempower is worth more in voting.
Check out your current steempower vote here if you want to see what I mean, it calculates it for you depending on the steem price.
https://www.steemnow.com/upvotecalc.html