Steemit continues to fall
Steemit it continues to fall, What is the reason?
1.Without competent marketing?
2.Improper distribution of rewards?
3. The top investors (whales) a lot of cash out Steemit output ?
4.No large-scale advertising campaign?
5.Social network for just a pyramid?
6.The social network has been created to enrich certain circle of people?
The steem still needs to find balance, the initial burst was from .20 to 4$ and it was because of the speculation, just give it time.
Interesting. Looking forward to the comments. :)
Over 12% of coin supply was generated in a few short weeks causing inflation. Volume remains very low compared to market cap. Big pump is correcting. Hopefully stabilize near a buck. I'm predicting $0.80 stability.
The platform is so new and volatile that the smallest positive announcement from the developers will send it mooning again.
I don't think that STEEM will bend like a cheap pyramids