You are viewing a single comment's thread from:RE: Steem Daily Forecast 08-07-2017View the full contextView the direct parenthamzaoui (55)in #steemit • 8 years ago I think no coz we have 4 Support level on the 1.5
If bitcoin price falls to sub 2000, we already break 1.5 usd. Prices are determined in the STEEM/BTC pair and not STEEM/USD.
I was talking about steem/usd
Like i said, the STEEM price is coupled to BITCOIN. A sharp fall of BITCOIN price will automatically drop the price of STEEM/USD which at this point is a synthetic pair because it has no active market.
Ohhh ok yeah right
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