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RE: STEEM being Pumped and Dumped

in #steem8 years ago

I was hoping STEEM would go up steadily by now, this is me being optimistic about new announcements during the steemfest. Good thing i wasn't able to buy early this week (thankfully for polo's locking my account). I still think there will be crucial announcement later this week before the steemfest is over... and they want to gain more from that pump and dump before a stable increase. just my 2 cents

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dont really see much that would lead to price increasing i personally think steem is being devalued due to accumulation by reward pool abuse by high sp users and voting groups and there doesnt seem to be much happening to curtail that.
also pump and dumps are never good it creates a false perception of price in the markets and the little guys are the ones that get hurt.