Steem and Steem Dollar value is descending

in #steemit7 years ago

When i join steemit in January the one Steem Dollar was equal to 7 USD. After some time it went to 5 USD then went down to 2.5 USD. After a while it gone to 5USD and remain undisturbed for a while.


[image Source:- https://newatlas.com/iridium-dinosaur-asteroid-cancer-treatment/52040/]

Now it's been falling like an asteroid from space, falling faster day by day. I am afraid if it crashes on ground, i hope some miracle happens. If it crashes (goes to zero) everything will go in vain.

I hope the asteroid is a comet which will redirect to, after reaching certain distance.

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Could go lower I think steemit growth is slowing down but all coins are down alot right now.

If All coins are down then it may rise with others.

I think that it is not possible to crash, or like you said to go to zero. I believe that it is just fluctuating...an asteroid that is pretending to be something else...

I never seen it to go below 2USD.