$3 steem? Get your bounty - .1 bounty - 123

in #steem6 years ago

Will steem drop down to $3 again? It looks like it is in a downtrend for some reason. I don't understand why it is so cheap. It seems strange to me why more people on here don't buy it up.


https://steemit.com/steem-bounty/@steem-bounty/bounty-hunter-report-5-10

Thursday 5-10

#king

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There are not as many people here as we think. Very low volume . Someone is pushing the price down because of the low volume . Funny thing is right after 20k new accounts were added in last 24 hours or so is when price dips. We are 11,137 away from a million registered accounts but I would guess only 10% of that is active accounts .

Excellent points. You should upvote yourself because if I solo upvote it is below the earnings threshold.

We do have a lot of trouble with user retention on the steem blockchain. I think it is getting a little better but hard to say. We might be at $10 now if we had 20% retention.

You got a 4.47% upvote from @brandonfrye courtesy of @mysearchisover!

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Yes it seems to be a crypto wide downturn!

Everything is down, not just Steem. It's just the whole crypto market. Too bad :(

That's because most of the newcomers give up too early.

💡 @mysearchisover received an upvote 92% :)

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That's how the market is! Have you bought some STEEM yourself recently?

No. It's hard to buy crypto. 20/20 hindsight I probably should have taken out a loan and bought like 5,000 when it hit $2. lol

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As I see, all crypto-currencies are seeing some downfall now-a-days. This could be because many countries are not considering it as a legal token. Steem could be the one getting affected because of this.

I guess the price movement of STEEM is still very unpredictable. Until people start buying this crypto-currency more, we won't see high growth. Although, looking at figures at Coin Market I see that trading volume is pretty high, which is not bad at all.

Yeah I think we do have some HODLers but I think we need more traders.

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