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RE: STEEM DOLLAR Peg to $1 USD is Broken Again – But not how you might think!

in #steem5 years ago

You have been the man to listen to this year, I wish I'd acted when you first started on the topic - just didn't want to power down.

I see you've sent a sizable sum out recently, no faith at all in a recovery? Looking for 7 cents to return as an Orca? :D

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Maybe. To be honest I don't have a price target and I'm not sure I will ever want to invest in STEEM again. What I am looking for is a few signals that we've hit the bottom and I'm also looking for a few fixes/improvements from Stinc and the Witnesses.....that I don't think are coming.

That doesn't mean I won't keep posting now and then and building relationships with people in the crypto space as there is still value to be found here on the inter-personal and networking level. I'm just not confident that value is going to be found as a HODLer of STEEM or SBD unfortunately.

Fair enough.

Well I'm all in here, and will be sticking around, although I'm likely to have to find work to eat and buy your STEEM.

I think a change in wider market sentiment is coming, hopefully sooner rather than later as this nosedive is looking pretty serious!

Cheers.

There will be a bounce. It is seriously overdue, just not sure how soon or how strong it'll be when it comes. There's got to be an important TA support level around here somewhere.

My point is that I just hope it is soon before market confidence in the SBD gets trashed.