Steem dollars takes a big fall

in #sbd7 years ago

For the pay day I have literally watched steem dollars fall and fall . It has gone from 12$ to half of this amount currently . It is so surprising that it has only lasted for 5 days with a rise and a drastic fall similar to what bitcoin has done .

What will the future hold ? Will it rise or will it continue to fall ?

image.jpg

Sort:  

I have converted all my steem dollar in Steem power, I personally prefer to power up and invest for better much stable times. Too much speculations these days.

It think it might have to do some roller coaster type move, but eventually in an uptrend.

Well i am still in the beginning and i wish i can have more.. plz tell me what i should do to increase my chance in getting more dollars dear. I tried my best and still low..

You will see a lot of odd fluctuation over the next week. Today, it is mainly due to speculation on futures tomorrow. People getting their positions ready for the madness. The 18th, that is when the REAL madness begins.

it's agreat thinking....about steem doller.

it's not only steem dollars most of altcoins are up and down as is should only time will tell what value will have in future!

It will recover, it will have positive growth this coming 2018 because of SMT.

You have a point. SMT could make it even more stable and on an ever stable increase

Correct, a more stable increase is coming for steem.