You are viewing a single comment's thread from:

RE: Steem Just took a huge nosedive! At USD 1.15 right now. Down nearly 20% today.

in #steem7 years ago

Beginning of the month, people could be cashing out to cover rent. This is when I'd normally be buying as well... I am using 50/50 on my payouts and actually getting more steem per dollar than what's just coming in as 'invested.' So still working out.

Sort:  

Could be the month end withdrawals. Is that buying Steem through internal or external markets?