You are viewing a single comment's thread from:
RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis Update #11 "What you gonn' do when they come for you" Aug 10, 2016
COMMENT
Although the price made a new all time low on Poloniex it does not necessarily mean that it is going to a hard downtrend,
with bittrex price going down but not sharp this as well might be just a shakeout before the pump.
Be it a shakeout before the new uptrend or an drop into a lower accumulation zone, we definitely exited the
zone of the previous few days and are awaiting more indications and directions.
Do not panis if the price keeps going down as it might be very beneficial for the future of the price.
The more accumulation there is before a pump, the higher price the pump can reach.
Also it has a stronger upwards momentum and is harder to stop.
Exactly. In fact, I bought some more Steem today when I saw that the price had fallen below 2$.
It's fun to observe my emotional reaction when looking at live price charts. One part of me looks at the graph as if it had actual gravity, and therefore I get this sensation that the steeper the downturn, the farther down it will fall because of the speed it gains from being in such a steep curve! Of course completely irrational, but I can still feel that effect that it has on me regardless ;)
yes, bittrex price going down
yes of course.. @ ozchartart @ozmaster
Oh man. Really exciting article. Thanks OZchart!
These are relly exciting times and I wish I could buy more steem currently as prices seem super low.
Can't wait for the next pump and the excitement that will bring. Minniws becoming dolphins and dolphins becoming whales. Wonderful.
yeah price on bittrex going down but i believe it's just short time and then price going up again :-), @ozcartart @ozmaster, thnks for sharing
Why can't we move Steem in and out of SteemIT? Buy it on Poloniex and move to SteemIT to convert to Steem Power? Do you have opinion on purchasing Steem on Poloniex vs. SteemIT?
Only reason you would buy STEEM on the Steemit market is if you had SBD you didn't want to cash out and invest instead. You can meet be STEEM freely,as with any crypto. Vested STEEM or "STEEM power" is a different story.
There is a way to buy steem on poloniex and transfer into steemit. Sorry I am on my cell phone right now so I can't post the link, but search the steemit archive for the post and you should find instructions on how to do it.
I think as 90% of whales are powering down big time, if they dump everything at once we might see 20k.... the project though being clearly the new social media site in the future is highly undervalued in my eyes... should be a billion... but most people think it is an absolute scam still... when that changes they might start to come here to invest in droves. it takes time....