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RE: STEEM price is diving. Again. Still. 50% down over last 30 days. 66% down over last 90 days

in #steemit7 years ago

Agreed. STEEM has dropped to at best 25th rank on all coins, per coinmarketcap.com

Within next two weeks it will be down to 30th place on that ranking.

And within next 4 months it could be below 50th.

Market is speaking. Leadership at steemit.com didn't listen - probably too late to try to react and recover at this time.

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Last year at this time STEEM had dropped all the way down to about 10 cents, and it went as far down as 5 cents for a brief period in 2017. None of us who were around in 2016 are that concerned about the current drop in price.

Your predictions are a little irrational. Even when the price was 10 cents STEEM never went way down in ranking. Hold your investment and you'll lose nothing and be cheering sometime next year.

Don't worry about Steemit either...doesn't matter what happens to this platform. Eventually Steemit will be more like a central portal anyway. It's the new developments that use STEEM that will lift it up in the near future.

People were a lot more negative than you this time last year. You guys should look up some posts from the past and become enlightened.

I'll sleep better watching price of STEEM go back to $0.05, with my money in a different place.

Good luck when it goes to $0.05 again.

May not get back up off the mat next time around.

Your encouraging words are appreciated... ;)

😄😇😄

@creatr

Logo is green. Could save the site. No one wants to say anything bad against GREEN. That would not be PC

this whole rebrand seems like a cosmetic waste, theres so many things about the interface of the site that need improvement, so much potential here just hope it wont be completely wasted, I say this place has a 50/50 shot of maintaining its users

50/50 at most. It's OK, but not as super as it could easily be.

I agree. The green is superficial.