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RE: Bitcoin is melting as bad news piles up
If you are so interested at Steem, look for downside breakouts from a falling channel which slope is Steem's annual inflation rate (which is changing).
This is roughly how to know if Steem is oversold compared to Bitcoin.
However, due to what I previously wrote, I believe that Bitcoin is still overbought and so is Steem.
IDNK how much they should cost, and IDNK how much USDT was created relative to USD received for it by BitFinEx.
Both BTC and Steem are very flawed.
I wish that Steem had a viable alternative, because its alternatives as a social network seem even less attractive to me.
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