This selling pressure is making me so frustrated and yet so hyped at the same time.
It's more than obvious there is a selling point settled at 0.42.
I guess steemit is constantly selling some amount as I can't find any other reason for such a price action.
Looking from a long run perspective its pretty legit thing but you can't blame us for waiting to see price increase...
I hope in a year or two, steem economy will be relying on tokens built on top of steem - which will basically allow us to decrease inflation rate.
We are struggling to find investors - seems to me that inflation is the biggest obstacle that is standing between success and community on the other hand...
Keep seeming boyz!
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hopefully waiting and steeming 😁