#crypto

Bitcoin hits 90-day high, will STEEM follow?

Hey guys! Seems like Bitcoin starts its bull run again, I'm sure it gonna hit $100.000 in 2021, so for me, this is just the beginning. But while most of the altcoins follow BTC on this bull run, STEEM's chart for last months seems really flat, what do you think is the reason and is this gonna change in the near feature?

Comments · 23

@anthonyadavisii(73)· 2619d
This post right here tells me a lot about you. You don't care about giving your content a reasonable valuation. How about work for your engagement instead of trying to take shortcuts? There's a thought.

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@markkujantunen(77)· 2660d
STEEM did pump in March to April, remember? It went up to 55 cents until it fell to about 35-40 cents and finally to 29 cents after BTC started rocketing. Now it's at 38 cents. I think the first pump was caused by crypto investors finding outdated information put out by Steemit Inc concerning the planned launch of SMTs in March. This is how poorly informed crypto investors tend to be.

Yes, I believe STEEM will rise with BTC and the rest of altcoins. There will be much volatility and many random fluctuations along the way.
@nathen007(73)· 2660d
@steemflagrewards flagged for bid bot abuse . One chart and 6 lines of text. Total bollocks

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@mcnestler(56)· 2660d
Finally I found someone talking about the crypto movement :)
- I have the feeling that Bitcoin and the altcoins will drop once more.
@tmarchev(16)· 2661d
Awhh nice!
@stefanogulli(25)· 2661d
Maybe Steem is flat because users usually sells earned coins. Anyway I expect and hope that in the next months Steem has its rally, as most of main cryptocurrencies because blockchain technology is spreading everywhere. You know, crypto values and blockchain popularity are strictly connected.
@coinchaos(63)· 2661d
The large stake holders of steem suck so nobody wants to invest. Until the behavior of large stake holders improves nobody is going to invest their BTC into this BS.
@arcange(79)· 2661d
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@onefreemanwins(55)· 2661d
Earlier this year we had our altcoin cycle, now we are back in a BTC cycle. The gains mainly just dispersed into the major alts to some degree, the spill into the smaller cap alts usually comes some time after with a full on Alt season. I will be waiting for a confirmation on the decrease of the BTC dominance chart before going back to trading alts. I expect Steem to pump again once we have that alt season.
@travelersmemoire(58)· 2661d
I’d love to see $100 Steem but I think we’ll need to see Bitcoin making news and hitting highs for that to happen

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@cyberblock(65)· 2662d
Steem is now #62 on CMC it just keeps dropping like a rock. Who is constantly selling?
@jaki01(77)· 2662d
... what do you think is the reason ...?
- Steemit, Inc. is selling STEEM.
- Some whales are exploiting the system, for example by using many mutually voting alt accounts - and then often sell the earned STEEM, too.
- Bot owners and gaming sites take a huge part of the daily reward pool.
- At the same time new users nearly don't receive any votes or comments from real humans. In additon they have to wait long for their accounts to get created, and then are lacking RC for communicating with other users.
- High inflation combined with comparable few users.
- Possible investors are observing all that and think twice before investing their money ...
@guruvaj(67)· 2662d
Steem liquidity is so high, that its steem to fiat-to other cryptos is so easy and being fully utilized by developers and entrepreneurs of the steem blockchain, that drags the price down.
@detlef-s(68)· 2662d
We dont need up, stable price is better

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@kingrefat(54)· 2662d
we hope so sir .thanks for presenting latest chart of bitcoin
@gabbynhice(67)· 2662d
I think until btc is on a bull steem will stay flat. Maybe after we will see some rise when the people start to sell they btc

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@sneaky-ninja(60)· 2662d
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@partiko(66)· 2662d
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@howtovids(51)· 2662d
@andhovesyan Steem not looks to go much higher. People investing more in Bitcoin considering it much profitable.

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@coingecko(71)· 2662d
Bitcoin USD chart shows a gainer of 45% in the last 30 days. Very unusual for a high cap coin like BTC.
@venzam(65)· 2662d
Thats what we are hoping that steem will follow
@lequiry(57)· 2663d
This is great, I can see the future!

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@promobot(61)· 2663d
@andhovesyan purchased a 69.13% vote from @promobot on this post.

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