Market watch : Its Red candle sticks everywhere
The crypto currency market was boom yesterday as btc broke $12000 as it went to and the price came down with full force causing the whole market to witness the massive red candle stick.
What really happen?
Btc has once again failed to break its resistance due to scalability issues on its blockchain chain as there where lots of unconfirmed transactions with cause the sudden price crash as investors got tired of waiting for their transactions to be confirmed by miners.
Steem suffered the most as it's trading below $0.3 for a blockchain faster and Stabler than btc I see no reason why the price is this low especially with the upgrades and update regular ly carried out on the steem blockchain. Steem is highly Under value and I wish I had more spare cash to stack up my wallet. Because I know in time the price of steem will recover and we will all forget the bear market aiming for a new ATH, But until the keep steeming 😉
Posted using Partiko Android
Same stuff I talked About yesterday thank God am not the only one noticing it
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