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RE: Vlog 442: Why hasn't the STEEM price gone up yet?

in #threespeak5 years ago

We have effectively had a lot of airdrops with all the tribes and that's going to put downward pressure on the price of Steem. Its also easy to earn DEC and some other tokens, exchange them for Steem and then sell it. I like to buy Steem Monster packs with fiat, so I don't have to buy Steem for that. Most alt coins are still in a bear market, until that turns around, it will be hard for Steem to gain in value. What I hope to see is Steem going back up from its current position of 82 on CoinGecko. I remember Steem used to be close to DigiByte, that's at 56. Maybe when we lose the whales that are powering down, that's a realistic target? I have been selling all my alts and buying Steem and if the prices dips again, I'll buy some more but I'm not risking too much, as I don't want to have fear of losing it. If I have fear, I'll sell. If its money I can afford to lose, I have no problem hodling it.

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