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RE: The 4th of July to 11th: The evolution of the price of steem, and a repeat poll.

in #steem8 years ago

I'm dumping everything on the 4th as fast as I can to be honest. I'm guessing there is nowhere to go but down with the STEEM Power interest rate currently being 400% yearly.

Whales doing weekly power downs will probably kill the STEEM token value over the next few months, unless they adjust the STEEM Power interest to be at least a half sane level. Not trying to be a jerk here, just pointing this out...happens with EVERY high interest ecoin, no exceptions I'm aware of. I wish I'd checked the interest rates before investing $3.4k a couple weeks ago, oh well. Lol.

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Did you stick with it? I'm curious where you're at with this one year later?

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