Will steem ever go over 50,000 satoshis?

in #steemit6 years ago

Yes if bitcoin moons then steem will also moon in terms of dollars but I want to know I wasn’t better off staying in bitcoin.

I did not think we would go back to under 7,000 satoshis but here we are ... thinking of buying in heavy!! We will see.

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400,000 Steem about to hit the market. Tread with caution. Not enough new buyers to soak this up

Screenshot_20190426-112913__01.jpg

so we are going down until they either run out or stop selling?

Or new buyers come into the market who are able to absorb the supply. This is more likely during a bitcoin bull run or if steem looks like a good investment to people with fresh capital

So we are going
Down until they either run
Out or stop selling?

                 - ssjsasha


I'm a bot. I detect haiku.

I'm not sure it's a good idea to buy solely on the price alone. There has to be good fundamental reasons to buy Steem. I just started using this platform 2 days ago so I can't say but I think if this community doesn't grow then the value of Steem will continually erode

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