STEEM - Still in flat mode
Hello all,
The steem is in flat mode since days now :
We are not able to leave the current levels since 10 days now.
This kind of consolidation is often the sign of an incoming break out.
It is impossible to know the direction that it will take but let's hope it will be a UP Break Out.
The more we will stay in that zone level, the more the Break Out will be powerfull so be prepared to watch the show ;-)
I wish you massive profits,
Cryptopassion.io
Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
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sooner or later ...steemit will be in the moon
Don't expect that its price will rise in the near future.
Why do you say this? I'm not disagreeing but just bought more for account purposes and trying to understand why it has dropped so much.
Offer exceeds demand
Crap content rewarded with lots of Steem --> price gets corrected
I believe Steem is just a Sleeping Giant,, I still remember when It crossed $10 lool.
I hardly believe everyone who owns Steem and commits to hold will get great Rewards very soon.
Oww nice sharing...
how I can quickly earn crypto money by mining mining is a process of securing transactions in a block that completes the blockchain. Encryption is performed by very complex mathematical calculations performed by miners' computers. The latter are thus essential to the mechanism of cryptocurrencies and help secure the currency they contribute to create.
To easily explain what is the mining of a cryptocurrency, the security expert Andreas M. Antonopoulos does the anology with sudoku. "To describe the mining, we could use the example of a huge sudoku contest where participants start a new grid as soon as someone finds a solution. It would be easy enough to check that a completed grid is full. But it will take a lot of work to finish it! The puzzles to solve in the bitcoin network are based on cryptographic hashes and have the same characteristics as these sudoku grids: they are very difficult to solve but it is very easy to verify that a solution is good, and their difficulty can be adjusted ".
As an individual wishing to undermine a cryptocurrency, it is better to join a community to join forces. Because unless you have a very large amount to invest, the mining will be too difficult to achieve alone. This community will provide you with software. Once installed, just let the sofware and let your computer run.
Once a block is completed, the benefit is shared among the community members in proportion to the power of calculations they have provided. Currently, 12.5 bitcoins per block are distributed, more than 110,000 euros at the current rate (1 December 2017). Understand that you only touch yourself a tiny part of the amount, to the extent of what you have contributed. This may ultimately represent less than one euro cent.
Make money by mining Bitcoin (or another cryptocurrency)
But beware, the mining may look attractive on paper, but is not for everyone and many precautions are to take. First of all,and the computer is a bit more expensive for mining but in my opinion it can earn more
Sometimes going badly and sometimes are good. It a generally rounding door to door.
So, don't need to fall into the frustration.
Steemit bad time goes.what happens?.. I hope
It will be well soon.
Never hopeless..
Steemit is the moon.
Not only is it gigantic that can leave soon evolve this new world that is changing as time passes
I have notice the same thing that if any crypto establishes a flat pattern ,the next thing that will happen is break out.thanks for this info ,i have prepared to take huge profit when that happens.
Other crypto-currencies are only that and behind STEEM & SBD stands Social Media. The more active users Steemit has, the more activity there is, the more usage of it, the higher need for those crypto-currencies is present and their price raises. So let's get working...🤗
I would say the amount of users do not matter but the amount of users who are successful is what matters. It is discouraging if you do not get rewarded for efforts.
hodl my friend's i belief in steem
it will go up in time