Anyone know why STEEM is tanking?
STEEM is back in the $.30's again... how come?
Well that was fast.
Just a few weeks ago, STEEM was up around $.80.
A few weeks before that it was holding up around $1.20.
Bitcoin tanked and pulled STEEM down with it.
But now STEEM is tanking way more than BTC, anyone have any idea why?
(Source: https://coinmarketcap.com/currencies/steem/)
After being close to double the price of hive for a long time, it's now almost equal to the price of hive.
People getting out and not enough getting in? The quality of steemit has plummeted since HIVE forked off, IMHO. I mainly post on Hive now.
Then why are you here reading this?
the operant word is "MAINLY" and your shit reply shows why steem is going down the drain.
How is that a shit reply?! You openly bashed a platform you are spending time on. Sounds like a shitty use of your time to me!
If steem is going down the drain, yet has been more valuable than HIVE for a year now, what does that say about HIVE?!
same problem?
Because Steem support levels have been broken repeatedly. It is very difficult for the Hive price to beat the TRX supported Steem price.