Interesting. There is a lot of liquid STEEM in circulation right now. It is fairly easy for the short-term traders to influence the price by large spikes just by moving relatively small amounts of STEEM through the exchanges.
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Yeah, just trying to find the bottom :)
According to SteemWhales 1 STEEM = $ 0.15750 at the moment......
If anyone knew exactly where the bottom would be, they could become very rich :)
or broke as hell
Well if you actually knew that there was no bottom (or a very very low one) you could always short STEEM.