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RE: Are you a trader? Learn why you should blog on Steemit or Buy Steem NOW!
Price can only drop 100%. So not sure what u mean with 1300% that is not possible.
Also highest price of steem was $4ish ans now we are at $1 so jot sure where u get hese numbers from.
Also what makes u think the value of steem could be 1300% higher?
Hello, :) I am talking about the previous 0.0065btc price of Steemit last July 2016, down to present 0.0005btc (May 2017) , that is -1300%. Values are taken in Bitcoin price not with USD.
My point is: $STEEM is moving forward again to reach its previous highest .0065, ofcourse the +1300% will not happened overnight it will take months or less than a year.
But an asset can only lose 100% of its value.