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RE: Steem value is down but this is GOOD NEWS!
A totally fine opportunity to buy. Let's face it, the underlying fundamentals are still in place... this is just market nervousness; there's always going to be profit taking after a run-up like we've been having.
And there are always opportunities. Right now, an "enterprising individual" could make some serious ching playing the difference in the price of Steem Dollars on Bittrex (about 64,000 satoshis vs BTC) and Poloniex (about 87,000 satoshis).
Great thoughts here. I was not aware of this substantial difference in SBD price between these two markets. I generally avoid Poloniex these days however after some bad experiences with them.
Feeling good about spending all my BTC for Steem a few days ago when it hit bottom :)
We are almost back up to $2 now. Happy days!