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RE: STEEM - Still Around our support/resistance line - New triangle traced

in #steem7 years ago

have you taken into consideration the 9% depreciation that is occuring? If investors are coming in at less than 9% and we have selling pressure, we would see continued decline in the value of steem wouldnt we?

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You have to take also into account that we have much more users each day and so also investors.
Most of the coins have depreciations, most of the coins are created new coins everyday and all the coins are not decreasing.