You are viewing a single comment's thread from:
RE: ScaredyCatGuide Calls It - STEEM Price Action is Dead!
This is STEEM/BTC remember, so the fact that Bitcoin has been ripping faces off is the part of this pair that's doing all the damage.
The USD price here isn't doing much either though...
Do you think that Steem should be doing better this last week alongside all of the other alts and Bitcoin which continues to make new highs? What do you think it needs?
Agreed, when against BTC most of the damage is from BTC ripping. Just looking at ETH, STRAT, etc. they are holding up much better have seen some volume pop up here or there.
Just wishing we can see some of that out of steem, a little life. I think a big issues is the large amount of liquid steem on Poloniex that people are struggling to access with the on and off issues there. That is not helping volume and could lead to a selloff as people will just want to sell out to get it off of poloniex.