STEEM DROPS 39 PERCENT IN SEVEN DAYS - SEEN ON BITTREX

in #steem7 years ago

STEEM DROPS 39 PERCENT IN SEVEN DAYS

  • JAN 10, 2018 STEEM PRICE $5.14
  • JAN 03, 2018 STEEM PRICE $8.41
  • (5.14-8.41)/8.41*100 = -38.882283%
  • 39% DROP

STEEM JAN 10, 2018

STEEM_PRICE_1_170110 copy.jpg

STEEM JAN 03, 2018

STEEM_PRICE_0_170103.jpg

STEEM 39% DROP

  • (5.14-8.41)/8.41*100 = -38.882283%
  • 39% DROP

STEEM DOLLAR DROPS 33 PERCENT IN SEVEN DAYS

  • JAN 10, 2018 STEEM DOLLAR PRICE $ 6.79
  • JAN 03, 2018 STEEM DOLLAR PRICE $10.20
  • (6.79-10.20)/10.20*100 = -33.43137255%
  • 33% DROP

STEEM DOLLAR JAN 10, 2018

SBD_PRICE_1_170110 copy.jpg

STEEM DOLLAR JAN 03, 2018

SBD_PRICE_0_170103.jpg

STEEM DOLLAR 33% DROP

  • (6.79-10.20)/10.20*100 = -33.43137255%
  • 33% DROP

What the . . . . ?

This is not financial advice. It's just math and a question...

What the . . . . ?

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Now is this the dip before take off or is the"pump and dump" just starting?? I'd like to see what some of the bigger players are doing with there steem/sbd. I was only thinking to myself this morning is it time to get out of Dodge?

I guess I'm interested to know is it just 'market conditions', and investors and business as usual for a crypto currency. Or is it that some whale has bailed?
Since this is a social media based site, and some of the whales are 'sorta' fighting. Is the price getting affected UP and DOWN by whales either buying or selling?

Just want to say thanks to @goldkey for reporting this "bad news." I think the Steem community can get a bit cheerleader-ish. If we're going to grow, and understand how we're doing, we have to take the bad news with the good.

Thanks, it's just an observation to spark discussion and hopefully get an idea why the price is having such volatility. You are right that I am posting this to get an understanding of 'how we're doing'.

Good stats but what was it 30 days ago?
Volatility will always be there but I prefer to focus on the long term prospects.

It looks like a month ago STEEM was $1.67 . So, for today, we are 208% UP
JAN 10, 2018 STEEM PRICE $5.14
DEC 10, 2017 STEEM PRICE $1.67
(5.14-1.67)/1.67*100 = 207.7844311%
208% RISE

For long term prospects, I think we have proven STEEM and SteemIT are viable as both crypto currency and social media. The value is there. We are on the ground floor. We are earning STEEM, which has value.

I am not focused on STEEM price for selling or buying.

I am not reporting the rise and drop as financial advice.

It is more to question, what caused such huge rise and what caused such a drop?

What the . . . . what is going on?

to me it seams it goes up and down, just like bicoin, so it is really unpredictable, but got a good feeling that it will go up more than it has been only in a mather of time

unpredictable. . . . I think somebody knows what's going on, what caused the recent fluctuations. but I'll go for the ride :)

It's a yo-yo market for now.

I think more roller coaster ride.

It’s good time to buy 😊

buy, buy, buy

Good time to buy in! Steemit will be up 1000% next year!

Yes, time to invest in steem, steem dollars, and steemit site.

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