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RE: Stop Whining About the Price - Steem is Doing Just Fine!

in #dtube8 years ago

I agree, there is no reason to complain, but there is also no reason that the price of Steem would follow the general pattern of the other currencies; meaning, one can't pretend it's still determined by supply and demand. If the price was determined by supply and demand and more folks are powering up, the price shouldn't drop like the others. After all, folks have to power down before they can even contemplate a massive sell off. That means the price is determined by popular opinion, and my opinion is that Steem is undervalued and that is also a popular opinion. LOL! We'll see what happens; I'm sticking with Steem!