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RE: AskSteemit: Who's buying Steem at these prices?

Well @acidyo, for the time being, I am not buying anything, but I do power up everything earned as rewards, from upvotes little and large. My Steemit account is on behalf of a non-profit organization, so we depend mostly on people's upvotes to grow.

I've considered using some fiat donations to increase our Steem Power, but frankly, I think BTC is going to continue declining (due to "old" profit taking) all the way till it hits a "hard bottom" around where the slow upwards trendline it "mooned" from around May/June 2017 is reached again. So we're talking $2,000 Bitcoin, which will very likely drag every other alt coin down with it... I don't know enough about the technical impacts, but I'm not convinced even the presence of SMTs and "Hivemind" and whatever else is in the pipeline is enough to lift Steem clear of "the Bitcoin influence," except in the very short term.

Maybe that sounds pessimistic, but it strikes me that every time someone says "Bitcoin is making a bottom" it just takes another 10% dump, like it did this afternoon. So, to answer your question, I am looking for 25-cent Steem.

In spite of the gloom, Bright Blessings to you!