Steem Report | February 20th. 2018
Steem price is down in the last 24 hours. Reward Fund is down too. Active users are in green and new accounts are growing steady again...
Steem Dollars (SBD) price is down : $5.34 (-2.07%)
Enjoy and Be Safe Everyone!...:)...
Active users are less than 10% of the total supply that seems concerning in my opinion. What do you think?
I'm not worry about it yet....:)...
I would connect this decrease of Steem and SBD prices to the rise of Bitcoin (hitting nearly 12k USD), and the money going into BTC. In other words, the crypto market starting to do the normal thing:
when BTC is attracting lots of money, and hitting highs, the other altcoins are on the decrease.
When BTC will hit high (who knows where it is for now), and will start droping slightly, then 24hrs later, or so, the altcoins will go green! and they will bounce back with huge power! +30/+50% gains. As this is due already.
Time will tell...:)...