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RE: Cryptocurrency morning report by Craig Grant - July 21, 2016

in #cryptocurrency9 years ago

So I was thinking... Maybe steemit is not letting new account in until the price goes back up? too many users are getting rid of their trending treasures? Like how block trades takes certain steem crypto off their trading platform for short periods of time?

Not sure the pros and cons to this but figured that might have something to do with it..

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it's more likely for the price to go down than up, as many bloggers and traders want a cheaper price, bloggers for steem power, and traders who missed the last cheap price. Plus there are many steem power downs that will start being available from today and over the next week, if that steem hits the market it could drive the price down.

Well all I know is it's giving me more time to progress my way to becoming a whale. I think it's all for the better of steemit.