Steem New ATL

We hit a new All Time Low today. Steem went all the way down to $0.0602, the lowest its price has ever been. But, here it is only my opinion, I am guessing tomorrow it will go below six cents which would make three days in a row hitting new All Time Lows. Sure makes you think about thinking so much about writing those long, well researched articles. Of course Steem is not the only token in this predicament, there are other tokens in worse shape.

I do believe a lot of these tokens will become bags. i do not believe this will happen to Steem, Steemit has a real base, a lot of people who see it as a source of income, it has developed certain games that have a big following, plus being the oldest it is quite well known. Plus, more importantlym we have a big number of whales who will do their best to keep Steem and Steemit alive. now this is difficult, the World is in financial straits. We are looking at some countries looking for was because it decreases the pressure at home.

Here in my country we had elections on November 30th, and we still don't know who won. By now anyone who is declared the winner will be eyed as a fraud by his opponents. While Chile knew who won on the same day the elections were held, we are becoming the most ridiculous country in the World. I mean, how long does it take to count a vote that has already been counted. But I think it is things like this, the uncertainty that are causing chaos in the financial world, and Steem and Steemit are feeling it hard.

Perhaps time will help solve this problem and we will see Steem rebound and Steemians happier. But that will be until next year if, hopefully, things improve.