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RE: What the heck is going on? [burnsteem100]
You lie down, rarely (or never) seen anything like this. STEEM below 10 cents... WTF
You lie down, rarely (or never) seen anything like this. STEEM below 10 cents... WTF
Right. I noticed the price at one point and it was in the low $0.11 cent area, and I was already wondering what was going on? Then like an hour or two later I glanced again, and it was $08.2! Then I saw the exchanges' slow response announcements on Twitter, and realized it was happening everywhere.
Interesting that the date yesterday was the 10th of the month, since I just wrote this in the monthly closing price report:
So, after the lowest-ever monthly close, the closing price bottomed out on the 10th of the next month (at $0.072). Here's hoping that October 10th was another bottom...