Why Is STEEM Tanking?

in #cryptocurrency7 years ago

Steemit.png

Is it because everyone was looking forward to the new UI and very underwhelmed with the results?

Is it because of a lot of the site errors that have been happening lately?

Me thinks STEEMIT needs some seriously talented makeover artists.

Maybe...

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I really hope it turns around soon, it's difficult to stay positive when I got in at $1.80. I have a feeling there are a lot of people selling to fund their trip to steemfest.

Hmmmm. Thats an interesting theory. I'm holding onto a lot of steem that I got at lots of different prices. Really needs to turn around soon to restore some faith. Still a great way to earn crypto dividends though I suppose.

I have the same perception about the whole site. It just looks like it's all crumbling down. Is it just a temporary thing? Will it pick up? I obviously hope for the best but... really not sure.

SMT's are the saving grace and if they don't reach the mass adoption it could be the end so I guess we'll have to HODL until that happens in 2018 sometime and continue to try and earn with our SP we've all saved up.

You are absolutely right. Seeing the problem in the site some time ago. The way to solve them was discovered. Now the site is doing the best.

Yea the site has been working fairly well, although my wife had some errors the other night.