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RE: Markets Recovering - Green Thursday Which Is Still In Red

in #steem7 years ago

Definitely. I watched David Pakmans interview with @aggroed last night, and he made a pretty strong point that, the last time BTC was at the $11,000 level, STEEM was at $0.91.

BTC has been around the $11,000 point again in recent days, but STEEM seems to have stabilized and rebounded (for now) hitting a low of ~$3 I think it was? Which is about 300% it's value last time -- seems like a good sign to me.

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Based on what you are all saying about where prices were before relative to where they bottomed out now (so far), I like what I'm hearing. To Aggroed's point made last night, the base is shifting up. As much as I would love to buy some $1 Steem, I'm more inclined to see it rise.

Pun not intended. Okay, maybe. :)