Is the Bottom in for Steem?

in #dtube6 years ago (edited)


The Bitcoin dominance level is now 41.8%. The market is still very tame, the altcoins have dropped off but not very much.

Steem, notably, has risen about 10% off it's lows in recent trading. Steem has held the $3 level on 3 separate occasions. The descending triangle could fail and confirm a breakout to the upside.
I really think Steem has some serious use above many other cryptos above it currently. The valuation seems to be cheap below a billion dollars.

Like I have been saying, DTube is going to blow up Steem to the stratosphere, as long as it can grow unencumbered and without serious setbacks.
The investment, opportunity and revolution of a lifetime is happening right now!

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Happy Investing C# HODLCREW

http://connorkenny.com
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Find me on steem platforms, @investing
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I also like dtube it is the best I strongly agree with you DTube is going to blow up Steem to the stratosphere, as long as it can grow unencumbered as the steem is still around 3 hope it will go up soon thanks

I personally think steem should be worth around $5-7 US, Really it depends on steemit and dtube growth year of year. The money to be had is not in the price of steem but in growing the plaform, so what if steem doubles, with 3-5 times the users that number is still weak.

I agree that we may have found a Bottom at $3.00. Between Cryptos and Precious Metals I think I have some safety and I won't go broke............

Any thoughts on the @appics ICO in a few weeks? I feel that might be the ignition for the STEEM price tp move higher heading into the SMT HF later this year.

Thanks for the info, I haven't looked into this, perhaps I should and do a video on it.

d.tube will be a yuuuge catalyst for the price of steem. So many famous youtubers are leaving youtube and coming here. All their fans will find out about steem and it'll spread like wildfire!

Done again my dear sub liked and commented

yeah but due to @dan power down price of steem not increasing he sell 100K steem 10 days ago and 14 days ago 100K thats why demand is less and supply more

bitcoin is one of the biggest opportunities since the invention of the internet itself.... great times to be around....

well good to watch your reviews on steem the steem price dercreased around 3.20 its mean this is the support like for throw it up trend but from many days we are seeing the price of steem is not going to some up and moving 3 to 4 again no doubt steemi is a attractive and best blpockchain and it will grow up many time and maybe around 30 in next some months but are you not seeing any bullish trend or pattren in steem @connorkenny? nice to see your followers near 11 hundred and hope we will see this digit 25 hundred soon
one more question out of this video need help about steemconnect i watched your some days ago video you talked some about steemconnect but i am facing a problem to login via steemconnect i tried many time my active and posting key but there is showing wrong active key or paswword can you tell me the solution of this problem or can make any toturial on it in your video series?

bitcoin is in very strong postion and in bullish trend and i think the best time to pick bitcoin to take good profit as compare to others the other side steem freezing its value under 4$ and but sure after some days steem start to move up with a bullish trend and really dtube is a good project and its true dtube blow up steem....
good to see you talk on different cryptos in your daily videos @investing keep it up for giving us more knowledge

Is there a normal trend to the relationship of Steem to SBD? If Steem takes off again, does that likely mean the same for SBD?

yup, so far at least. Steem has many more uses, but SBD is a much smaller supply, 1 SBD normally is 1 to 1.25 steem. the benefits kind of cancel each other out.

That's good to know. Trying to figure out of there are ever good times to buy. I picked some Steem up a while back when it was 1.5 per SBD. Those days haven't been around in a while.

they will trade close together SBD was more of a dollar peg when Steem was under $1

Steem has a really interesting dynamic. People always talk about attracting top you tubers to steemit but these people make a living from blogging. They will be cashing out most of not all rewards which will put downward price pressure on Steem.

I agree that Steem has a decent use case which many Alts are missing. The trouble is most cryptos are still used for speculation and their price bears no relevance to their utility. This will change as crypto goes main stream and many Alts will be worthless.

thank you for the information so important for you good luck always from greetings @komoewai

Very useful information and thanks for sharing.

on dtube steem is going viral just like firewild and its very imoortant aspact of dtube although steemit have low user but soon it will be in billions

You given excellent Dtube discussion about cryptos @investing. Yeah...BTC top in the crypto yet and someone trust it. BTC currently pass over 11k and it will be increase. But in future steem can come to the top on the list. After SMT coming out, steem token will rise and we have to let financial freedom. Steem would be blow up very recently.

This post has received gratitude of 2.19% from @appreciator courtesy of @manlyness!

Steem hit over target after launch SMT HF. Steem give future opportunities to investors and traders. Better guidance given by you via DTube.

I will strive for a business, and I am happy for this comment

thank you for the information so important for you good luck always from greetings @tijal

people are moving into bitcoin due to Fomo the btc dominance is increasing day by day now don't know where we are heading but steem is doing considerably well

good job on the win, she-man ;)

Yh that's right @investing #dtube and some other apps on the steemit will help the progress of the steem

Great post sir.you are awesome. Thanks for sharing. Upvote and resteem done photofunky.gif

steem has real life use case so it will grow in a steady manner all the way this is going to be amazing to see the growth over the time

I think that information from you is a good help.. keep up posting info like this

steem has been trading above that mark fairly seems that it is forming new bottom already which is cool this will go more high soon enough

Great Technical analysis.See steem can get to bottom if btc dominence is more than 60%.Advantage with steem is lot of people across the globe are using steem community.

Thanks for information

The thing is that it's a social media where people trying to improve the platform are also investors. So they are interested in its growth.

smt's are still yet to come so we can expect more boom in the prices steem already form a new bottom and its looking good

Thanks for the insight

the valuation will increase when people will know its actual potential many people still don't understand it and just want to earn

investment should be make right now its the time when everyone should be considering to invest in

Nice Dtube video! I recently made a post about my adventures in Swedens most beutiful Village! Please go check it out!

Well Steem sure is gaining more and more visibility and gaining its existence in this very crypto world :)

We sure are very hopeful for it !