Warnings - 30 Cents Broken - 333
I do think "Steemit" WIll Survive](https://steemit.com/steem/@mysearchisover/365-i-think-steemit-will-survive-332) but I think it might need some support to do so. If the price tanks down to say a penny it might be hard to save.
In addition I am pretty bearish on most cryptos short and long term. I would imagine Bitcoin and a few others like Steem will bounce back after they hit bottom though.
The USA and global stock markets and economies seem pretty shacky right now. I think the plunge protection teams in the USA and around the globe did pretty well overall.
As I predicted 30 cents has been broken in December. I still think we hit 20 cents this month but I imagine there shoould be some support at 25 cents and 20 cents. Hopefully there is some decent support at 20 cents.
Thursday 12-6
#king
374.085 SP
2,458 VP
It was at 23¢ last time I looked. Probably can hang on around 19¢ today. You know my long term projection.
I forgot where you are at. I think you were lower before I was. I think you used to predict 33 or 38 cents when it was around $1. Hopefully 10 cents holds.
Around 30¢ when everybody was buying at $2.50 because "it will never be this low again."
I am thinking around a cent by Spring.
Theoretically I suppose 1 cent could be possible but if it gets that though I assume Steemit.com would die.
Actually I think I was at 70¢ when it was at $2.50, then quickly changed to around 30¢.
I don't think we will hit a penny. I believe once the rise starts its going to be like a bullet out of a gun. It will be too late to jump in. I plan on purchasing some more as I used my last purchase to get some steem-monsters cards but I am going to wait a little to do so.
What do you think the bottom will be? I hope 10 cents holds.
I have no clue .... we might be near it now. 23 / 24 cent price is looking very tempting as it is. I don't think we see 10 cents as I believe people will start buying up Steem by the truck loads if we get into the teens. Then again what do I know .... I am just speculating.
I think we could hit 10 cents this month but hopefully not till next month.
There has to be a price where it will be worth buying lots. I was a bit early at 51 cents :) I'll wait now and see where this ends up. For some reason, I had 3k Bitcoin and 100 billion total market cap on my mind. Getting close to both, I'll probably start buying if that level hits. I don't have a lot of money to risk and I'm not putting too much into crypto because I think the potential gains are huge. Why risk a lot when there's no need?
10 cents is my target to buy.
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