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RE: 1 steem trading below $1 right now. Whats your take in the drop of steem?

in #steemit7 years ago

Segwit and segwit2x could well be a contributing factor. I've seen a lot of FUD going around about how Bitcoin is going to split into two coins because of the hardfork. That has a lot of people concerned and selling out. I'm not too concerned yet as even the Bitcoin Core guys can't predict what is going to happen for sure, and some of them sound optomistic. Of course, not everyone is comfortable dealing with uncertainty. But I can understand where new-comers to Bitcoin could be panicked.