Steem Bottom? - Alcohol - 301

in #steem6 years ago


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It seems like the price of Steem is somewhat stable right now.
https://coinmarketcap.com/currencies/steem/historical-data/

I think eventually the price will fall more in the short run although it does appear to be holding above .75 right now with .77 holding very well.

I think alcohol is overrated but I have read a glass of wine a day is good for you.

Sunday 11-4

#king
283.137 SP
3,266 VP

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I am buying more as this looks like an opportunity. But I have read posts where some predict a dip lower then 50 cents! What do you think? I wonder when was the last time it was 50 cents?

Have you considered trading it? If I had the time money and patience I would probably try trading Steem although it sucks that Tether is having problems and I'm not sure if there are trading fees if you go from Tether to Steem and back.
I think Steemit and others are selling some Steem so I think the support should eventually break but it does appear to be pretty strong support.
In August of 2017 it hit 25 cents.
https://finance.yahoo.com/quote/STEEM-USD/history?period1=1383541200&period2=1541304000&interval=1mo&filter=history&frequency=1mo

When you say trading do you mean trading in and out of Steem?
To tether or SBD? Or some other ?

Yeah Steem to tether is what I would probably pick but I guess tether is having some problems.
Looking at the table it seems like you should be able to make about 1% a day trading Steem which is pretty good.

My latest article about Steemit Wallet security. This article could save all your Steem!
https://steemit.com/promo-steemit/@shortsegments/what-special-features-makes-steemit-wallet-secure

If steem bottom looks like that .... I have have no problem hitting it ... :P

LMAO! I think it will be a very good and beautiful thing when STeem finally hits bottom as long as it doesn't go bankrupt and die completely.

Great way to sell a Jack Daniels!