You are viewing a single comment's thread from:

RE: As Steem continues to nosedive from panic selling & Btc stabilizes one must wonder the final outcome.

in #steem9 years ago

This is nothing but short term panic. Back up to 0.365. I bet once there's major news - a sharp uptick of registrations, some popular changes, or maybe even heading out of Beta - the value will skyrocket again.

Sort:  

Hey That's what I'm hoping for and I'm not trying to be negative but the downward trend has been going for a week. We really need that turn around. Only takes so long for 'longs' to start panicking... I'm not one to panic
https://steemit.com/life/@blueorgy/don-t-panic ;) but people do.

The markets don't have free money - someone is losing. It's the ones who panic. ;) The people who are calm and logical profit from it.