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RE: STEEM - breaking of the support line in progress

in #steem7 years ago

I dont expect any good news for now. I dont think we will go to $2 buth back to $600 looks like a possability if we keep going like this. I know a lot of bitcoin hodlers will love to shoot me when i say that i would not complain because bitcoin was ment to be a coin for regular payements and over time, when value went up so much, it lost that purpose. Temporary going back wouldn't be so bad to attrackt new bitcoin users again.

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No, i think bitcoin will keep some value. There are always people that are waiting for bitcoin to recover and people that forgot they still have some investement in bitcoin (mostley small amounts). The big increase of the value was on the news everywhere buth the google news has not come into the news everywhere so there are still some uninformed people that will stay behind.