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RE: DELEGATING up to 1200 STEEM POWER to curators and solid bloggers

in #steemit • 6 years ago

hi @u

I hope the steem price moons within the next two months so I can send my siblings some money.

I hardly doubt prices will go up anytime soon. This year is almost over and expected nov/dec bull run is just not happening. And we know that every new year starts usually with growing selling pressure. Feb is chinese new year so 1/3 of population in the world doesnt care about crypto and volume will be super low (as it is every year).

I would not expect any movement UP earlier than april 2019. Seriously.

I hate to be negative but that's just my opinion.

ps. check email please :)

Yours,
Piotr

6 years ago in #steemit by
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     6 years ago  

    I think the delay has to do with the propaganda around the SEC approvals and the infighting of bitcoin cash that led to the split
    BCH ABC | BCH SV.

    Also the low prices will attract a lot of people who missed out earlier. Guess we'd just have to wait and see.

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     6 years ago  

    Im not so sure. I think most people don't even know much about those issues that you've mentioned.

    Basically investors trust has been crushed and it's going to take some time to recover it. I personally believe that ICOs are done and there will be hardly any demand coming from so called "smart money" or any serious investors to get involved.

    STO (security token offerings) are most likely the future, as tokens launched as STO will bring new wave of interest and trust.

    Cheers, Piotr

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