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RE: STEEMIT: Daily Transactions continues to show a strengthening Community..!!

in #steemit7 years ago

Good information to have-- thanks for publishing these updates; I expect the declining price of Steem is more to do with the typical cycles of investment and startups than the overall viability of Steemit... at some point a bunch of investors' buy triggers will activate and the short-term speculators (who are taking profits) will be replaced by serious long term investors... and people will stop worrying so much!

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I could not agree more. As long as the transactions keep rising as they are doing I am not bothered about the price. The speculators could nail the price to the floor at $0.01, but when the time is right this will explode like a coiled spring. The price is detached from fundamentals and unless you want to sell your STEEM I dont see what the problem is. Thanks again for your support and comment. Stephen

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