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RE: Steem under $2.50--Good or a Bad Thing?
For me, STEEM price being the lowest possible is always good, because it means whenever I want I can buy more for a good price, I don´t even care if the price goes down to $1 (which won´t happen), because I´m sure by the end of the year the STEEM price will be around $20+.
I was pretty surprised when it dropped below $2 sort of recently and I took that opportunity to buy as well as many others. That sub $2 price didn't last long.... The support in the low $2's looks pretty solid and there seems to be a lot of buying interest around where we are now. The crypto market has been kind of quiet lately with a few exceptions (EOS, ONT, etc). I expect summer may be kind of a quiet time as it usually is in the stock markets. I don't expect the volatility we saw last summer and as cryptos become more mainstream huge price swings will become less frequent. It's a good thing though--things will soon start to move based more on fundamentals than hype / FUD / news cycle.
Exactly, the more people we see coming to crypto, the more stable will become the markets. I agree that this summer is going to be quiet, in terms of price action and also weather!! (not looking good here in Portugal). :D