Don't be to concerned with the price it's just market speculations and whales playing games on short-sighted and weak-handers to accumulate even more Steems - of course it will bounce back up.
Don't be to concerned with the price it's just market speculations and whales playing games on short-sighted and weak-handers to accumulate even more Steems - of course it will bounce back up.
Any idea on time frame i just started trading yesterday
If the price stabelizes then on the ethereum hardfork some dumper and DAOist could enter to STEEM, driving prices up. This is about a week timescale.
Plus now we have about 8000users and 500per day increase, so in less than 2weeks we double the attention, at the least. This goes to mainstream media that again a push forward.
Android/ios app development will be announced, other than bittrex exchanges will adopt STEEM and big whales will buy in. I guess it is about 3week time.