If you're interested in why, the punters dumped Steem yesterday to chase Monero - and returned to STEEM when Monero's rocket ride sort-of made a 180.
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If you're interested in why, the punters dumped Steem yesterday to chase Monero - and returned to STEEM when Monero's rocket ride sort-of made a 180.
Good point.
Thanks! Actually, STEEM's enjoying a rocket ride of its own right now: i'ts hit 0.001947 as I write. Sad in a way, as the buying opportunity is gone...
I don't think the buying opportunity is gone quite yet. A pullback here is natural, it might be a good time to buy when price finally breaks out to the upside of the channel.
Makes sense. Monero has been exploding lately!
Sure has! But it's been having a bit of trouble since it hit its all-time high before midnight Eastern time. I saw a lot of speculators using the jumps to abandon their ship, and lots more whacking the buybook by dumping.
I also saw a whale put in a 400 BTC buy (!) at 0.016 this morning - and it was gone less than a minute after XMR hit its price. (!!) I wonder how he feels now..
Damn!!