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RE: Remember when Bitcoin supporters praised the futures market? Now you can profit from shorting Bitcoin

in #bitcoin7 years ago

thank you very much for this info! I hoped this crypto "winter" would end in the spring, but no..-(
BTC and Steem are directly conntected, right? Now we've Bitcoin floor price, and Steem has lost its positions, so thr things will change, and steem will rise when Btc will be more expensive, is it so?
Nobody can be sure when and what will be in the cryptoworld, but still there're people who know the main tendencies, and can feel their direction, so thank you for advice!

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Steem floor is 25-50 cents unfortunately. This is going to get worse and worse for Steem until we have both SMTs and crypto is out of it's bearish trend. Honestly I'm beginning to suspect the price is being suppressed.

If you check my blog you will see that banks have been blocking people from buying cryptocurrency using debit and credit cards. Now is the time to earn as much as you can, cut back on spending. You can afford food? Shelter? Just pay for that and put the bills on hold if you must until this situation improves.