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RE: Litecoin price spikes on news they have acquired a stake in a German bank moving towards crypto-fiat payments.
May God bless Bitcoin steem and sbd too why they are killing sbd reached 1.12 $ i feel very bad at this moment barrydutton 🙁
I take a neutral position.. i'm interested in some real data for the cause of the slump of STEEM and SBD. Questions are:
My guess without numbers is there is a mixture of all. There is a lack of confidence together with this bear market. On Telegram i see always people who blindly throwing their money into ICO's which they need for next month for paying their bills.. and always same question "When moon?" "When lambo?".. "i must pay my bills.. whining.." On Steemit there are also people who need the payouts for pay their bills and with the ongoing devaluation they need more, must work harder and powering down everything.
But the good thing is fundamentally we are stepping forward, even if not on Steemit but in the whole space and that leads inevitable to the next bull run at some point which is also good for STEEM.