Steem has been trending down pretty fiercely ever since the SMT announcement.
Will that ever change?
Keep in mind that this is priced in terms of BTC, not dollars, though the dollar chart probably looks pretty similar.
I think that once we get past the coming HFs of Bitcoin, we will see some money come back to steem, that is my hope at least.
If that doesn't help it, we may have to wait all the way until SMTs start actually getting implemented early next year before we see some real price appreciation.
What do you guys think?
Steem's price will gain traction as people keep using and spreading this awesome platform.
I'm in agreement. I'm buying as much as possible now that is cheaper. I believe it will keep growing when this down trend is over. Very nice post and analysis. Thanks for sharing. @OriginalWorks
Agree with other posts - it will go up, just not sure when or how quickly.
In the meantime I will keep accumulating...
Congratulations @jondoe! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPJust checked it out and left you a comment. Interested to hear your response.