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RE: The bulls sent a very strong message yesterday that STEEM will not be dumped

in #steem8 years ago (edited)

These are great news! I understand little about cryptocurrency, every day I learn something new and little by little my knowledge increases.

A question. Why do you think the price of steem has a good future perspective? What makes you think that? I ask you, to learn what variables you look at.

Beyond that the price of btc is strong and on the rise.

Thanks for the info!

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It's complicated, but when a currency starts to bounce repeatedly off the same floor then that means there are buyers willing to put up serious cash to defend that price. This graph indicates that there is currently more money betting that steem will rise in the future.

Thanks for explaining. Now I understand. Translated into Creole, it would be like dogs defending their food...

My friend why you have 4 negative flags??? I've never seen you do anything wrong, you just bring quality content and excellent feedback!

Some people cant think of better things to do with their SP at the moment, but they will move on, they always do.

Stay positive, that this doesn't affect you! If you do good, it will come back to you with more force!

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