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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #100, "flat out" Nov. 13, 2016.
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Seems like the price refuses to drop down below the 0.00017 line(so far),
that could indicate a possible spike tomorrow from the 0.00017 line ( given it's a Sunday the markets usually have low volume).
Still prepared and waiting for a dump to 0.00015 and up from there thou.
looks like the dump just started its 16495 now , do u think it will shoot up on the 16th . thanks
there could be a lot of liquid steem on the markets after 16th because of the payout changes down to 3 month.
there is a huge bunch of earned steem through inflation & curation.
steemprice could go up because of the inflation changes but also could go down before because of bigger market fluctuations
its most likely to go down then , i was thinking to pick up some steem at 0.00015 , i dont understand whats the last bump to 0.0038 we had all about on the announcement day ?
Or it could go down because of 1-2% daily inflation, what was a 240M project 3 months ago, is now 10% of that. In 3 months, it may be back in the nickel seats as a 2M project. The Steem formula could be changed to improve the 3yr pump and dump cycle.
Looks like we got the triangle breakout in wrong direction.