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RE: Why does steem price continue to fall??? What can we do???
I don't think it's big deal. If you look at the price of other altcoins, the price usually starts low, goes to a big boom and then falls and stabilizes. It also resembles a 2nd order dynamic system response to a step input.
Of course, some events can make the price go up again but probably won't go back to that peak so easily.
I agree! I also think steem has more inherent value than those coins, the developers just need to fix something about the way power is distributed. True good posts should make the money rather than selective upvoting. As far as the currency though I agree I think it will be fine but a lot of whales are cashing out right now and you have to ask yourself, why? Thanks for the input!
What happens if they keep cashing out? Will power be more distributed?