It seems the powering down is placing constant selling pressure on steem. Blocktrade and Bittrex illustrates it well.
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It seems the powering down is placing constant selling pressure on steem. Blocktrade and Bittrex illustrates it well.
yes currently there is a bit of powering down happening which creates selling pressure. i think this means there is a good chance to pick up some cheap steem in the next few days.
Based on the tiny volume of trades reflected in the actual figures listed above. I don't think there will be any cheap steem anytime soon. Unless $1.40 is cheap?
Which it could well be by this time next year. As some excitable people are predicting $10?
Who knows? Speculating is always a bit of a crapshoot.
Good post as always @penguinpablo