Can someone explain me why the f*** steem is going down while btc is going up?
I am looking at the coinmarketcap these days. BTC has risen from 3800 usd while steem was 0.55 usd. Now BTC is almost 5500 usd and steem is going to 0.35 usd. I think this is the lowest of the steem price comparing to BTC. Whales are taking money from steem as it seems and what does that really tell us about the future of steem ?
Maybe whales are buying steem right now. When they want to sell steem it goes up. There's no worry, just wait for a few months.
Posted using Partiko Android
I hope so but i always look about the volume in BTC. When steem was 0.55 usd the volume was 30000 BTc or more now its 20000 Btc
It’s not only steem drop against BTC, but many altcoins.
Posted using Partiko iOS
Yeah but steem looks the it is going down more than others. Especially the drop from 55$ to 35$ is really a thing to worry while Btc is up.
Congratulations @rifkan! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness to get one more award and increased upvotes!