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RE: 📉 STEEM Investor Report 16 March 2017

in #trading8 years ago

A lot of damage has been done around here to Steem's price.

Now the main Dev has left, does not help, there seems to be a decent floor around 5,700 but when/if that breaks... the price of steem will fall below 5k.

A lot of big whales have added steem to the DNT list, Do Not Touch (ever). Probably when you have such a terrible looknig chart and really, a coin that looks like the typical PnD, its going to take a hell of a lot of work to get the price moving again, its not impossible, but its going to be a long hard road ahead.

Fingers crossed for the future.