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Yes but looking at steem in the last weeks. What are you seeing

Indeed it is dropping drastically yet compare this way.

1 month ago we were at .96 U.S. Dollar per STEEM and I powered up getting 162 STEEM for .5 Eth, today I can get 122.5 STEEM for .5 Ethereum. STEEM went down 30% give or take 2% and Ethereum went down 55% give or take.

Interesting and PayPal integrated websites say for example that accept credit cards in return for assets of collectable cards such as steem monsters on the steem blockchain steem would be benefit from the increase of new users jumping on?

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I have not heard of this, sounds interesting can you share a link with more information?

I can also see a resistance line coming with a few points why

  1. HF20 within a few weeks
  2. SMT's within 6 months
  3. Holidays, investors will pull out day trading and play crypto again... maybe?
  4. China rated STEEM #2 of all crypto wants to have 1 national crypto currency, will that mean crypto goes legal or just that 1? if legal they love STEEM...
  5. STEEM has over 400 projects with alot going on already! just needs advertising (@steem-ads)

I believe its due to all that are still here keeping Steemit alive! trading services utilizing the coin daily.