Why does steem price keep dropping?
Here's one reason. The steemitinc stake is constantly being sold via gsr.io
This keeps constant sell pressure as well as authors selling their rewards to cash out.
Steem is now outside the top 50 on CMC again.
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Hopefully, after drop, will grow up to $.50 again
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Yea but the entire market is down. if everything else was up or flat and Steem was going down, that would be worrisome, but as always, the entire crypto market moves together still.
I remember when steem was in the top 20. Now outside top 50. So it's underperformed against its peers
@ned been selling from the top of the market to the bottom of the market..whole STINC operation is funded this way.
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