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RE: The Case for Buying Steem and Steem Power: The Dollar Vigilante Says Steem Is Now a Buy
Why is now a good time and not later, won't steem keep crashing as it has been as long as the dev account steemit on https://steemdown.com/ is powering down? Half of all steem is still held in that account.
this is a good question. if we get an influx of new investment, a steady one to buy up those power downs, then steem would inch (or rocket) higher despite the power downs. Berwick is just saying that he thinks Steem is worth a bet anywhere below .30 cents. But this is for guys that can afford to loose 100% of the capital. And especially for people that won't complain when it drops to 2 cents after they pay 32 cents... But I think that new investment... from the right types of persons would be good.
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