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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #65, "Oblivion?" Oct. 05, 2016.
We need some demand... and fast... it is looking like it wants to go lower to me...
We need some demand... and fast... it is looking like it wants to go lower to me...
Or less supply
Yea, but that doesn't seem like a realistic option at this point unfortunately
IMHO, the true value of Steem is in the mind of whales, and will be revealed at whatever point they stop powering down.
By the way, I'm not throwing stones. I understand that some liquidity must be extracted to fund growth. Hopefully little is being extracted to fund lifestyle.