You are viewing a single comment's thread from:
RE: Steem Back To 2! Just The Beginning If The Market Corrects Positively!
Believe it or not I just read about Metcalfe-based analysis indicating that bitcoin could possibly drop as low as $2,000.00. I don’t belive it’s even possible for bitcoin to go to zero as some say. I and milion others would be buying like crazy just from the psychological standpoints. However, if Metcalfe-based analysis are right and BTC drops as low as $2,000.00 I’m buyer like it’s at zero. Also, Metcalfe-based analysis which indicates Steem and ethereum is in a strong buying zone, however it also says that its price short term can be affected by bitcoin failing lower, which had recently happened in December crash, because it was primarily due to bitcoin.
let’s see what happens though.
Yeah, for sure anything CAN happen; I'm with you and don't believe it is likely. If it does go that low, you, I, and many others will go into a buying frenzy, propping it right back up. And steem/eth definitely could see more danger if the market continues falling, but they are absolutely in a potential position to rise despite it and the more Dapps that come out using steem and the more payment integration allowing for it, the better for the price. :)