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RE: Market Update: STEEM closes at 1 month highs against USD and AUD
I have a question:
Steem seems to radically drop out of nowhere though, unlike other coins or tokens, is there a big reason for this?
I mean, I guess what I'm trying to ask is, what gets people to dump Steem, because I never hear anything negative about it, and yet... people still dump it.
Well, I guess a lot of people cash out to see if it works (I'm speaking about new bloggers).
Ahh, I see, but if they are new, they shouldn't have that much to cash out I would imagine.
Soon they cash in back :) it is true what you say. I have seen it too and maid same. @cryptoeera
The thing is, lots of people have already made their millions on Steem or derive a full time income from it. If these people want to access their money, they have to sell :)