So why is Steem & SBD falling so badly?
Well you can tell why this is happening just by looking at the trending page..
I guess Steem or SBD has very small chance of recovering back to its glory..
And beside its just one person who is getting the biggest share of all the work the rest of us do.. but oh well..
I will be very surprised if big companies actually invests in SMTs
And in the end when we minnows make small investments on Steem, we ended up with not being able to break-even.. but well we are just being stupid anyway.. Goodluck to you and your supporters.. And maybe finally this will work as a good lesson for all those big investors who choose to remain silent when just one person @berniesanders realized this would happen and asked everyone else to take a stand but they all remained silent.
The way things are moving... I don't believe in Steem or Steemit.com anymore.
Market cycle.
steem has massive head start compared to other networks. steemconnect allows other sites to use the tech which means it is gonna be used in new projects.
right now there is a flood of new coins/tokens and it is a little hard to see what holds any value - people are chasing new sparky stuff.
i think steemit need to work on interface a little bit and how to present valuable things to right viewers.
dont give up yet. it hasnt even started ;)
SBD is a universal currency or only steem currency ?
Sorry I didn't understand the question
means SBD is like a trading cryptocurrency like btc ? or only introduced for steemit platform ?
https://steemit.com/welcome
Have you bothered to look at the crypto markets? that is where the value of STEEM and SBD is driven from. The markets have been going up and down since January. As most markets do. Stop with the sky is falling and get on with building your investment.
lets see..
When Bitcoin was $8000 few days back SBD was $4+
Now when BTC is above $11,000 SBD is almost $3
I wonder whats the relationship between these pricing
like every other market STEEM and SBD don't move in lockstep with BTC... anyone who bothers to even casually observe the crypto markets can see them moving up and down. That is what drives the price of STEEM and SBD just like any other crypto.
I remember the days of 7cent STEEM ... 3bucks isn't bad and the sky is not falling.
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We will start sustained flaging until we get a resonable
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