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RE: Worried About Steem Price Dropping? - Don't Be, Its A Great Thing!

in #steem7 years ago

I'm hoping by the summer... but if it was to happen then I think it would be more tied to a panic in the crypto-space in general. IE... if a panic hits bitcoin or ETH or the bigger ones, then the steem would suffer as a result of people cashing out to protect themselves.

Last summer it was down below $0.50, so there is no reason to believe it is not possible in a panic. In fact, I'm hoping like hell it does happen!