In April 2019, the STEEM price has fallen back under $0.4 USD. When priced in BTC, we see just how poorly STEEM is doing related to the overall crypto market:
More than 3 years of a nearly-constant loss in purchasing power. It has only been cheaper once - briefly in March 2017.
Steem has fallen out of the top 50 cryptos. It used to be in the top 5.
This blockchain and its contents are amazingly undervalued right now!
DRutter
It feels like those of us who survive, will do well. The problem is, not all of us will make it!
Going down down down....killing our high :(
I'm thinking that with a 8.5% inflation it is normal that steem tends to loose value in respect to btc. Now everybody goes into btc to follow the trend and some out of relatively stable altcoins like steem. At the moment its only the hardened crypto freaks that are still in the market. When btc will attract normal investors again this will pull also the altcoins.
Its a good moment to buy steem with btc😉
Posted using Partiko Android
Yes, it's a good time to buy Steem with BTC!
But for me, there was an even BETTER time - which was when I started getting involved on Steemit. I needed Steem to post, so I moved my 0.2 BTC into Steem.
If I had waited 18 months (until now) I would have FAR more Steem, and would have been able to dedicate that 18 months of work to something else.
Why is this development can you name reasons for that? Than you for your post
Posted using Partiko iOS
Do you think this is going to continue or is steem and all the undervalued coins going to get a boost one of these days?
Posted using Partiko Android
Congratulations @drutter! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Vote for @Steemitboard as a witness to get one more award and increased upvotes!