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RE: Steem Getting PUMP'ed, will there be a DUMP?
Steemit definitely has the attention of the Cryptophiles. Now it needs hoards of genuine content creators & social networkers.
Steemit definitely has the attention of the Cryptophiles. Now it needs hoards of genuine content creators & social networkers.
Steem has low volume (compared to other crypto). It's being pumped up, but will soon be dumped by the masses for profit. Mark my word. It's happened with every other crypto so far. What goes up, must come down. The question is; is steem good enough, and popular enough, to go back up after its downfall (this will be the determining factor of whether or not it will stay relevant, like bitcoin and ether.
What do you make of the action in the last 21 hours? It went up to nearly 5 dollars, crashed to around $2.22, and now is climbing back up over the 4 dollar mark a day later... Serious volatility. Will it go up to 5 dollars again tonight only to crash hours later?