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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #71, "Drifting further every day" Oct. 11, 2016.
Wonder how much longer this Steem will go down in price. Perhaps good time to buy now.
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I would not buy unless I saw an upward trend myself, too many whales dumping there load because @ned and @dan are too (a bad sign they are more interested in money than they are in their project's success).
Why are the founders and whales dumping their loads? Not a good sign, I agree. The love of money always clouds any one's vision and goals, unfortunately.
I guess they doubt the value will go up, really only a guess as to why. It's a shame.
They are causing the value to go down by dumping it.
Exactly.