DAILY STEEM REPORT MAY, 27TH ★ STEEM 0.63$ + 1227 New Accounts

in #steemit8 years ago

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Bitcoin + Altcoin Market crashed hard, it went from 88 to 57 Billion U$ Total Market Cap. Bitcoin dropped from 2759U$ to 1956U$ so far....

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Sadly we lost the BTCC Contest, we where ahead but at the end it wasn't enough to win....

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What are your thoughts about the BTC and Altcoincrash?
What you gonna do? Did you sell ? Are you gonna hold?

Let me know in the Comments, thanks!

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We can buy cheap STEEM :). Who knows who long will that crash last. Maybe years.

Years? I guess it is a matter of days.....

It's too bad that the price fell so low during the last 24 hours, but this is a good opportunity to buy some more altcoins! :)

It will recover in the next 3 days, pretty sure about it :)

Yeah, I think it will recover pretty soon as well :) It is already a bit higher, so it might even take less then 3 days with this pace.

After Rain come Sunshine 😉

Love this one! Think positive :)

True talk


I buy 1,300 Steem. :)

Thats the Spirit! Well done! Upvoted!

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Seems like a good opportunity to buy some Steem and power up!

100% agree !

I think wise decision will be to buy steem power.

Steem Power is always a wise decision :)

Yes! Steem On.

Let Go Steem Power

ded. hold and add. everything else is not wise.

I just hold and do nothing, keep writing here on Steemit, what else :)

At least you will be cashing out here

They may add us anyway :)

hopefully...., would be nice :)

This is great opportunity to amass more coins. Another window has opened for many, no doubt Bitcoin and all altcoins will rise again quickly.

Yep, this is definitely a good time to buy some Steem :)

If you wanted to buy more STEEM, now is the time :)

Agreed

The price is dropped becoz bTC is dropped by $900 already

The Correction was necessary, guess 1800$ for the BTC will be the lowest, before it will start to climb again, and even higher then....

I'm frightened. I'm holding nearly 1800 BTC
Would you plz calculate now the support & resistance level ????
I'm so frightened that I don't want to visit bitstamp's page

Holy crap, that is a huge amount of BTC! I would be pretty frightened if I had so much money on the line. However, I'm pretty confident that the price will rise again. BTC is getting more popular each day, and more people are looking to use it, so it will for sure rise a lot higher in the next years.

Holy shit 1800 BTC, thats huge! Why are you frightened, you should be happy no matter what, BTC will go up again, thats for sure....., just hold :) Btw. if you have that much BTC, spend some to buy some Steempower, you will not regret this, believe me :)

But, recently I'm now planning to cashout at least 600 BTC from my hot wallet https://blockchain.info/address/1BTyRFatTrSjFk8nE1cxcWeppf73k4SVTL
And I will hold about 1200 in my cold deep wallet for at least 10 years
So, I'm frightened

I don't understand the reason why are you frightened? And why you wanna cash out 600 BTC? Whats the reason?

becoz I need money now. I'm holding BTC from 2012

I made a plan to begin cash out from 1 June. Then a big crash now comes. I'm in horns of a dilemma . What I'll do sell or HODL. Any wise suggestion for me ???

@elyaque:
Got a question regarding the number of new accounts.

Do you count registrations or actual activated accounts?
Currently seems to be a backlog of account activations - my girlfriend is waiting four days now for account activation and is more and more becomming desperate :(

They are adding a lot each day. Maybe there is just a massive backlog.

I count the activated ones. Tell me about, a family member of mine waiting now since 11 of may, another friend since the 20th of may, I don't know why this take so long! I wrote an email to them and got an email from @ned...

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Thats all what they have to say...

My wife had her account approved within a few days. She did phone verification though, which may have helped.

Thanks for your feedback! Guess Steem is currently driving with a handbrake - let's see what happens if the brake will be released... So not only Bitcoin got scaling issues hehe

Mine was approved within a few hours

I may be in the minority, but I am glad a correction is taking place. First, the prices went far too high, too fast. That is not healthy and does not instill confidence (especially if the balloon pops). Secondly, it does give opportunities for people to buy in at 'lower' prices with the high's being a reasonable goal as part of an analysis.

coming across this in the feed = :)

Very good news!!!
Last night, I wrote a post of a valoration of Steem based on the increase of active monthly users and in which steals market share to Facebook. You can find it in my profile as "Cryptocurrencies Analysis # 4: My target Price for Steem is $ 2.93".

Upvoted the article, very good!

Thanks my friend :-)

just seen the price on coincap surprised there were not more posts on this. I have only recently joined so see this as a smoking BUY opportunity.

Buying Steem Power is always good, now it is cheap :)

Steem contributed many tens of thousands of votes to that twitter poll. I would think even though steem lost, steem showed that it would be beneficial to add.

Agree with you here, hope they will add it at some point in the future....

Holding for sure!

Me too...

I'm holding my Steem. There had to be some sort of correction, but the good coins will prosper

Thats the spirit :) I am holding too, what else can you do.... apart from that I am 100% in Steem Power protects me from doing some stupid move.....

its not crash, its just whale make the market panic, so they can accumulate more coin...trust me, however the $1800 support is too strong...i also buy more steem while it only 0.66,....thank you dumper...

Agree 100%, like always, its not the first time....

Crash was necessary, I don't think it's over. Still not a lot of shorts in. I'm holding what I have and will average in with small buys over the next couple weeks. Long term Steem, and the rest of the market are going up.

Lending rate for BTC is going down, this is always a sign that the market is changing....

As I have close to nothing as invest I stay calm - even about my sBD on Polo which I might have sold earlier - Steem On. Losing the competition is a shame, was so close but the battle of the bots decided for ETC - we did a good job!

HODL and chill. Crypto is coming back big time. Glad to hear this community is getting more and more members including myself. :)

Agree and welcome to Steemit :)

People should be purchased steems at that time. As today rates have gone up.