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RE: Low Price Of Steem : A Blessing In Disguise
I like the fact that everybody who is committed to Steempower also can't just sell in this downtrend because it takes 13weeks to get your Steem back.
So, obviously the people who are selling Steem are not the people who feel committed to Steem. I think most of the selling pressure comes from the SBD (debt), the reward pool selling and the overall negative crypto performance.
But with Bitcoin almost at 4000$ we should have most of the worse behind us. Keep on stackin Steem I don't think prices under 50cents will maintain for long.
I like this aspect also and I also feel it cuts down on the dumping of Steem in day to day trading.
That's true, if everyone had access to their total amount of Steem there is a good chance we see a bigger dump in price then we are currently seeing.