Steem is Looking a Little Bearish These Days

Looking at the top 100 coins and tokens on Coin Market Cap this afternoon (+10 GMT), I’m witnessing a sea of green. Out of the top 100 market caps, all but 7 of them are posting advances. Steem is one of the loosers showing a -0.69% loss. Steem’s current value is at about $1.56. The market is looking good for mostly everyone except for those tied up in Steem. Steem began it’s decline nearly a month ago slipping from a high of just over $3.00 to today’s price.

I began my power down last week but now wish I would have done it sooner. There is no telling where it will go. Hopefully back up, but with such an unfriendly environment happening over there, the social climate is not favorable.

Maybe they should change their name to SteemSpat!

 

7-day Steem price trend.

 

                                                    

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outwalking

I also was late to 'power down'. I plan to divest in steem but still play the game. I'm watching for an 'uptick' in the price, maybe $2. It's hard to read the chart as it doesn't have a very long history. I'd like to hear your ideas as it seems we are in the same boat.

3 weeks ago
Eric Binkley

Sbd Was A Fluke or Solid Pump and Dump. It made no sense why it went up like it did but alot of people jumped on it and then found out soon it wasn't real. It was tough. I did get some solid trades but this is when Poloniex stole my money for like 3 months.

3 weeks ago
Eric Binkley

I'm dumping and will turn the revenue into developments for the platform. We need a few things that I can't code and will pay for the software we need to do a few cool things with Stish Crypto currency.

1 week ago
pitterpatter

Ecellent..I'm curious what are you up to and won't you have to wait 12 months?

1 week ago