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RE: I Just Powered up my nearly 1500 Steem Purchase and now am the proud owner of exactly 5,000 Steempower. I Got in around $1.60 and I am not looking back. I know Steem will be back to $8 this year, and will eventually be $1000 and then $1000+

in #steemit7 years ago

Good for you. Getting some money behind that upvote (O:

I know people want to be optimistic about the market, but everyone needs to realize that all the alt coins will follow BTC, and there is a very real possibility that we can see BTC fall to about $4900, where there is a massive support layer.

I hope it wont happen, but it definitely could. All other currencies will follow BTC down, and then hopefully we will see a recovery, but people calling for BTC at 50K and Steem at $8 - please slow your roll. Everything wont just moon and it is not healthy for the market either.