Don't shoot the messenger..!! Is Steem heading to <$0.08.??
#Steem Price Chart
#Steem Current Price
Don't shoot the messenger..!!
Is #Steem heading to <$0.08.??
#Steem Technical Analysis
Long Term Bearish.!!
With a current Market Capital of approximately $68,921,761 and Ranked Number 81 in the #Cryptocurrency Market, #Steem recently received a Long Term Bearish technical alert.!!
Current Price = $0.203231.
Long Term Bearish recommendation
Currently there is a Long Term Bearish recommendation on #Steem.!!
Market Valuation of #Steem continues dropping!
As the Market Valuation of #Steem continues to drop, I would like to ask again, should more focus be put on Marketing #Steem?
Is the concentration on the #Technicals being made at the sacrifice of the #Commercials?
+30 years experience tells me it is.!!
Not wishing to sound like a broken record or fear of being thrown in the hate bin, I would like to ask this question once more.
As #Steem continues to slip down the rankings, is the concentration on the #Technicals being made at the sacrifice of the #Commercials?
For over +18 months I have been banging my head against a brick-wall trying to get this message out and +30 years experience tells me it is.
Project Management, Cost Management and Contract Data Systems around the World
Having spent over +25 years building some of the most highly complex Project Management, Cost Management and Contract Data Systems around the World and a further +5 years with a concentration on Data Analytics and Investments, I think it is safe to say that I have earned my stripes to speak with conviction.
Despite offering this +30 years experience for free, it is a real shame that one one seems to want to listen.
Could #Steem return to less than <$0.08 again?
As the value of #Steem continues to drop and currently stands at Market Valuation of less than $69 million or <$0.21 per #Steem could #Steem return to less than <$0.08 again?
Well yes.!!
If the Market thinks that #Steem is worth <$25 million then sure it can.
A real shame!
As I have been banging on about this for +18 months, it would be a real shame to see #Steem drop to this kind of valuation as I know how much hard work has been put in by the developers building the Ecosystem.
My door is always open if anyone wants to talk to me about this.
Thanks again for reading.
Stephen
Yea man we definitely need a spark. Without any positive price movement, it's going to be difficult to get any kind of big money on board. Us that use STEEM know how great it is but if the rest of the world doesn't know that doesn't do us any good. Hoping for a pump, far away from $0.20 lol. Dropping under could be the point of no return...
And I thought I was 'bearish'
Pssssst, it's the part of the plan and the vision 2025 :D
We also have steem alliance and business alliance as well
and don't 4get, the community
Also... We have about a thousand sh-coins generated via steem-egine, and there will be SMTs
But what about the coming ALT bull run?
If bitcoin stayed flat
and the major alt coins stayed flat,
then of course your analysis is 99.9% correct.
But, i do not believe those if's.
So, i do not believe STEEM will go down much more, but i also believe that STEEM will lag in rising with the alts.
Whate are your thoughts now? Wait to see what affect hf21 will have?
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My ifs were long term trends, they have not played out yet.
What are you worried about with HF-21?
We'll see the results very soon. Are you purchasing more cheap STEEM before 8/27?
Posted using Partiko Android
Why would i do that? Bitcoin will outpace any other coin until the market reaches a tipping point. Now BCH will beat Bitcoin overall for this year, but not on bitcoin's first run.
So, more bitcoin means you can buy more STEEM later, no matter what its price is.
An .08 price would concern me. But they have taken proactive steps, yes, via ads, to circumvent "winters".
I think long term, 5 years from now, it could be a very different picture. Crypto is still very small and unknown. Bitcoin is the king and yet, not very known. they are only now getting a little bit of attention. As people become comfortable with Bitcoin they will begin to explore...much like how I did. they will discover #Steem and check it out.
A real shame to see #Steem fail to hold $0.20 but not surprised.!!
Sad, but it is reality.
This is the Market's perception on what #Steem is worth and why Marketing has always been very important.
Stephen