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Steem nose dive on crypto exchanges

BY: @eyass | CREATED: Sept. 13, 2016, 2:25 a.m. | VOTES: 3 | PAYOUT: $0.00 | [ VOTE ]

I will keep this post as shot as possible.

Is there an end to Steem free fall? As I am writing this post, I checked on poloniex and 1 Steem = 0.00105200 BTC and the 24H volume is around 149BTC, which is very low.
Will Steem recover at some point in time, and it is worth buying at this price ?

Your thoughts are welcome.

TAGS: [ #steemit ] [ #crypto ] [ #money ]

Replies

@sirlunchalot | Sept. 13, 2016, 2:31 a.m. | Votes: 1 | [ VOTE ]

Check the history of it. If right before this plunge was a Spike then it should settle itself back out soon ( within 1 to 2 months ) and even out to a nice $$ "Best time to buy is always when you have to ask"

@eyass | Sept. 13, 2016, 4:26 a.m. | Votes: 0 | [ VOTE ]

Thanks. The reason I am asking is that I think Steem deserves a little more attention than it is getting.

@sirlunchalot | Sept. 13, 2016, 5:41 a.m. | Votes: 0 | [ VOTE ]

I agree with you 100%, but while its still going under the radar you should invest whatever you can into it, Time or Money! Im putting together a special Podcast for steemit. MUCH different from all the others. Check out the preview and let me know what you think, sorry that was so out of the blue.

https://steemit.com/podcast/@sirlunchalot/finally-please-check-out-my-podcast-trailer-and-share-your-opinion-low-budget-variety-show-podcast

@eyass | Sept. 14, 2016, 7:38 a.m. | Votes: 0 | [ VOTE ]

I checked out your podcast pilote. I think it's a good idea. Steemit is still fairly new, so there is room for pioneers. If you need help with web stuff let me know, I am a web dev by trade. Cheers

@sirlunchalot | Sept. 14, 2016, 7:46 a.m. | Votes: 0 | [ VOTE ]

I just posted another video in the art heres the link.
https://steemit.com/writing/@sirlunchalot/attention-e-book-writers-take-your-work-to-an-interactive-level

But yeah I will be msging you for some help soon, Im getting the second pod ready. Going to bring in some more animations and short cartoons to liven it up.

@stephenkendal | Sept. 13, 2016, 6:42 a.m. | Votes: 1 | [ VOTE ]

Thanks for sharing. I'm happy to upvote. It is to early to use Technicals on Steemit as there is not enough data points yet. We are monitoring a Bullish Reversal our end and see it strengthening. Following and looking forward to reading more of your posts. Cheers. Stephen

@eyass | Sept. 14, 2016, 7:42 a.m. | Votes: 1 | [ VOTE ]

Thank you. You point above the lack of data is true, and I tend to compare it to FB when it first went public and how viral it was, but then FB is a different story, and it had a lot of coverage from the media.

@stephenkendal | Sept. 14, 2016, 8:56 a.m. | Votes: 0 | [ VOTE ]

Steemit is the "BREXIT" of Social Media. It's breaking away from the norm. It will either be a flop or a roaring success. Either way it's a no brainer to get in at the beginning. I will give it a year and see where it goes. Personally I see more upside than downside and see it totally revolutionising Social Media. Exciting times. Cheers. Stephen

@linkback-bot-v0 | Sept. 16, 2016, 1:53 p.m. | Votes: 0 | [ VOTE ]

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@steemitboard | July 19, 2019, 10:09 a.m. | Votes: 0 | [ VOTE ]

Congratulations @eyass! You received a personal award!

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