I feel the recent price drop in Steem can be directly attributed to the exchanges disabling Steem withdrawals. We are all very familiar with Polo doing this quite often and the intermittent issues with Bittrex, but also issues with Shapeshift and Changelly. Something is definitely not right here and is putting dramatic downward selling pressure on Steem.
Seems like the price of steem fell , 1.5 btc (6.0-4.5) is a big loss. But that is the nature of this crypto world that is so volatile. Make some lose some
Just don't price crypto in usd. crypto needs to be priced in btc. If bitcoin goes to 100,000 a $10.00 steem is not that good, you probably lost money moving btc into steem. Value your alt coins in BTC always. steem on Bittrex now is 0.00031739. if this number goes up when you sell it was a good trade. The object is to get more BTC.
Steem is struggling a bit and honestly it is because it is pretty much based on the price of BTC. It needs to become more mainstream with an option to buy it with cash at more exchanges.
Have patience. Good things are coming for steemit ;)
@adept
exactly
I feel the recent price drop in Steem can be directly attributed to the exchanges disabling Steem withdrawals. We are all very familiar with Polo doing this quite often and the intermittent issues with Bittrex, but also issues with Shapeshift and Changelly. Something is definitely not right here and is putting dramatic downward selling pressure on Steem.
thirds rule strategy
Seems like the price of steem fell , 1.5 btc (6.0-4.5) is a big loss. But that is the nature of this crypto world that is so volatile. Make some lose some
Remember you have not lost anything until you sell
Did you hear about steem follower yet i just share with people and i like to inform you about this. My steemit post: https://steemit.com/steemit/@fire-fly/good-services-in-connection-with-steemit
When are we going to see $10 steem? Next year?
Just don't price crypto in usd. crypto needs to be priced in btc. If bitcoin goes to 100,000 a $10.00 steem is not that good, you probably lost money moving btc into steem. Value your alt coins in BTC always. steem on Bittrex now is 0.00031739. if this number goes up when you sell it was a good trade. The object is to get more BTC.
RT
Wow big loss! Oh well you're ballin anyways! It won't hurt you too much!!
why have you changed your post to 100% rewards i thought you said you care about the steemit community
also both you and your wife powering down!!
wow congrates ! @craig-grant !
you know about poloniex recently not accept steem
1.5 bitcoin difference in just 7 days 2 minutes. It's an unbelievable fall.
There is a 7 day and 2 minute difference between the two transactions.
Date format in our country is different, kinda confused Cool. Corrected my comment. Thankx :-)
it's not 2 minutes it's 7 days and it's not fall just btc went to the moon.... pay attention to details!
))
why steem price fall when bitcoin price rises? I am new in crypto world.
cause everyone powering down and selling!!!
Its crazy the difference.
Congratulations, and the esteem has been coming down
im looking forward to high value of steem.... its coming too low lately.... butcoin is soaring high.... lets hope steem can make a higher value
We should be patience .... It will rise up soon....
I can truly see the difference here , thanks for rolling out this post
Conratulation ma broo:D @craig-grant
Steem is struggling a bit and honestly it is because it is pretty much based on the price of BTC. It needs to become more mainstream with an option to buy it with cash at more exchanges.
I'm sure price is down temporary. It will 4-5 $ to the end of 2017 :) Just hold it @craig-grant :)
That Bitcoin prize has went crazy!