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RE: Steem nose dive on crypto exchanges

in #steemit8 years ago

Thanks for sharing. I'm happy to upvote. It is to early to use Technicals on Steemit as there is not enough data points yet. We are monitoring a Bullish Reversal our end and see it strengthening. Following and looking forward to reading more of your posts. Cheers. Stephen

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Thank you. You point above the lack of data is true, and I tend to compare it to FB when it first went public and how viral it was, but then FB is a different story, and it had a lot of coverage from the media.

Steemit is the "BREXIT" of Social Media. It's breaking away from the norm. It will either be a flop or a roaring success. Either way it's a no brainer to get in at the beginning. I will give it a year and see where it goes. Personally I see more upside than downside and see it totally revolutionising Social Media. Exciting times. Cheers. Stephen