Have We Seen the Lowest Steem Prices Yet? by daan

View this thread on steempeak.com
· @daan ·
$1.72
Have We Seen the Lowest Steem Prices Yet?
<center>![6VvuHGsoU2QBt9MXeXNdDuyd4Bmd63j7zJymDTWgdcJjnzp7kFCvtGRwi6FmargW8AinkxoUiVh64uZWSZTqKJKTP6atmx16VHkMGrv5NbMUepAYT1ar7Xoc6tBqcS.png](https://files.steempeak.com/file/steempeak/daan/qRZZZLch-6VvuHGsoU2QBt9MXeXNdDuyd4Bmd63j7zJymDTWgdcJjnzp7kFCvtGRwi6FmargW8AinkxoUiVh64uZWSZTqKJKTP6atmx16VHkMGrv5NbMUepAYT1ar7Xoc6tBqcS.png)</center>

---

I'm curious what everyone else thinks about the current decline of the Steem price. Now, a while back I didn't really think we'd ever drop below 0.20 USD per Steem, but was proven wrong about that eventually. This really got me wondering how much further we can still drop. 

I'm a little bit surprised that there seems to be so little trust in Steem from outside investors. We've finally started seeing more consistent communications from Steemit Inc and there are a fair number of DApps running on the Steem blockchain. Despite all of these seemingly positive aspects of Steem, we're continuing to drop on Coinmarketcap. 

<hr>

|<center>https://files.steempeak.com/file/steempeak/daan/IeYI9Tfq-image.png</center>|<center>https://files.steempeak.com/file/steempeak/daan/7mmyDQIA-image.png</center>|
| ------------- |:-------------:|
<hr>

As you can see on these stats from [Coinmarketcap](https://coinmarketcap.com/currencies/steem/), we're currently at the lowest point in one year, but we've still not reached the all-time low of 0.06 USD. It's a little bit disheartening to see that it is possible for Steem to drop even further down, but we're not there yet. 

I have personally taken the opportunity to buy more Steem and power up another 3000 SP. I almost don't want to say that I think it will get better, because I'm afraid that I'll jinx it (not that I'm actually superstitious). Heck, it might be a bad investment, but I do want to keep increasing my stake. I'm kinda counting on the possibility that Steemit Inc might actually stop selling their stake one day, that might get us back up there. It's not that other altcoins are doing very well either... Well, better than Steem I suppose. 

So again, what are your thoughts about all of this? Are you scared we're going towards zero? Are you powering up or down? Let me know in the comments below! 

👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 7 others
properties (23)
post_id78,988,829
authordaan
permlinkhave-we-seen-the-lowest-steem-prices-yet
categorysteem
json_metadata{"app":"steempeak\/1.14.15","format":"markdown","tags":["steem","crypto","price","market","investment","palnet","steemleo","marlians"],"links":["https:\/\/coinmarketcap.com\/currencies\/steem\/"],"image":["https:\/\/files.steempeak.com\/file\/steempeak\/daan\/qRZZZLch-6VvuHGsoU2QBt9MXeXNdDuyd4Bmd63j7zJymDTWgdcJjnzp7kFCvtGRwi6FmargW8AinkxoUiVh64uZWSZTqKJKTP6atmx16VHkMGrv5NbMUepAYT1ar7Xoc6tBqcS.png","https:\/\/files.steempeak.com\/file\/steempeak\/daan\/IeYI9Tfq-image.png","https:\/\/files.steempeak.com\/file\/steempeak\/daan\/7mmyDQIA-image.png"]}
created2019-08-12 19:58:36
last_update2019-08-12 19:58:36
depth0
children11
net_rshares5,492,987,561,001
last_payout2019-08-19 19:58:36
cashout_time1969-12-31 23:59:59
total_payout_value1.401 SBD
curator_payout_value0.320 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length2,209
author_reputation67,955,126,024,974
root_title"Have We Seen the Lowest Steem Prices Yet? "
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (71)
@bozz ·
$0.07
I continue to power up, but it definitely isn't very encouraging to see the price continue to slide.  There is a point were you have to wonder if you are just being delusional.  I can't begin to fathom why the price is going so low when there is so much great development happening on the blockchain. You would think people might take notice of that...
👍  
properties (23)
post_id78,989,227
authorbozz
permlinkpw548b
categorysteem
json_metadata{"tags":["steem"],"app":"steemit\/0.1"}
created2019-08-12 20:14:45
last_update2019-08-12 20:14:45
depth1
children2
net_rshares207,778,186,256
last_payout2019-08-19 20:14:45
cashout_time1969-12-31 23:59:59
total_payout_value0.052 SBD
curator_payout_value0.017 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length352
author_reputation129,154,966,501,488
root_title"Have We Seen the Lowest Steem Prices Yet? "
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@daan ·
Indeed, I'm starting to wonder if it's really because of bad marketing or what? I definitely start to wonder if I'm being delusional as well. I sometimes still see people saying that Steem will go to $100. I'll be happy if it goes back to $1 some day..
properties (22)
post_id78,991,022
authordaan
permlinkpw57ci
categorysteem
json_metadata{"tags":["steem"],"app":"steemit\/0.1"}
created2019-08-12 21:21:57
last_update2019-08-12 21:21:57
depth2
children1
net_rshares0
last_payout2019-08-19 21:21:57
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length252
author_reputation67,955,126,024,974
root_title"Have We Seen the Lowest Steem Prices Yet? "
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars0
@bozz ·
No doubt, forget the moon, I'd be happy with low Earth orbit or even cruising altitude! :)
properties (22)
post_id78,991,053
authorbozz
permlinkpw57fc
categorysteem
json_metadata{"tags":["steem"],"app":"steemit\/0.1"}
created2019-08-12 21:23:48
last_update2019-08-12 21:23:48
depth3
children0
net_rshares0
last_payout2019-08-19 21:23:48
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length90
author_reputation129,154,966,501,488
root_title"Have We Seen the Lowest Steem Prices Yet? "
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@adedapo-glory ·
$0.02
In the world of crypto, nothing is impossible as the volatility of crypto can not be predictable. But I believe the steem tim will soon come
👍  
properties (23)
post_id78,990,067
authoradedapo-glory
permlinkre-daan-pw55pn
categorysteem
json_metadata{"tags":["steem"],"app":"steempeak\/1.14.15"}
created2019-08-12 20:46:36
last_update2019-08-12 20:46:36
depth1
children1
net_rshares206,284,978,563
last_payout2019-08-19 20:46:36
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.017 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length140
author_reputation10,770,161,662,981
root_title"Have We Seen the Lowest Steem Prices Yet? "
beneficiaries
0.
accountlikwid
weight10,000
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@likwid ·
likwid-comment-1566247677027
This post earned a total payout of 0.057$ and 0.043$ worth of author reward which was liquified using @likwid. [To learn more.](https://steemit.com/steem/@likwid/announcing-likwid-the-reward-liquifier)

properties (22)
post_id79,228,281
authorlikwid
permlinklikwid-comment-re-daan-pw55pn
categorysteem
json_metadata{"app":"likwid"}
created2019-08-19 20:47:57
last_update2019-08-19 20:47:57
depth2
children0
net_rshares0
last_payout2019-08-26 20:47:57
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length203
author_reputation121,463,123,321,214
root_title"Have We Seen the Lowest Steem Prices Yet? "
beneficiaries
0.
accountsteemium.vote
weight10,000
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@travelersmemoire ·
I think prices could go lower.  Not because of anything Steem is or isn’t doing but as overall faith in the economy and/or crypto falters.  In a few years we’ll hopefully be through all that and hopefully, having stood the test of time, Steem will be hitting all time highs.

Posted using [Partiko iOS](https://partiko.app/referral/travelersmemoire)
properties (22)
post_id78,993,150
authortravelersmemoire
permlinktravelersmemoire-re-daan-have-we-seen-the-lowest-steem-prices-yet-20190812t225010724z
categorysteem
json_metadata{"app":"partiko","client":"ios"}
created2019-08-12 22:50:12
last_update2019-08-12 22:50:12
depth1
children0
net_rshares0
last_payout2019-08-19 22:50:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length349
author_reputation5,115,509,421,776
root_title"Have We Seen the Lowest Steem Prices Yet? "
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@niallon11 ·
I don't care about the price. Just keep powering up while STEEM is plentiful. Some day steemit.inc will stop selling and we will have a larger userbase from the different dapps. When those two things overlap the price will get a lot higher a lot faster. 

120m on the markets might seem like a huge amount but if we have 1m users then it's not very much at all. Every STEEM will be precious at that stage and the people committed now will do very well from it.
properties (22)
post_id78,993,408
authorniallon11
permlinkpw5c52
categorysteem
json_metadata{"tags":["steem"],"app":"steemit\/0.1"}
created2019-08-12 23:05:27
last_update2019-08-12 23:05:27
depth1
children0
net_rshares0
last_payout2019-08-19 23:05:27
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length460
author_reputation68,478,707,640,592
root_title"Have We Seen the Lowest Steem Prices Yet? "
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@steem-ua ·
#### Hi @daan!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your **UA** account score is currently 4.353 which ranks you at **#2610** across all Steem accounts.
Your rank has dropped 36 places in the last three days (old rank 2574).

In our last Algorithmic Curation Round, consisting of 139 contributions, your post is ranked at **#70**.
##### Evaluation of your UA score:

* Some people are already following you, keep going!
* The readers like your work!
* You have already shown user engagement, try to improve it further.


**Feel free to join our [@steem-ua Discord server](https://discord.gg/KpBNYGz)**
properties (22)
post_id79,006,563
authorsteem-ua
permlinkre-have-we-seen-the-lowest-steem-prices-yet-20190813t091838z
categorysteem
json_metadata{"app":"beem\/0.20.23"}
created2019-08-13 09:18:39
last_update2019-08-13 09:18:39
depth1
children0
net_rshares0
last_payout2019-08-20 09:18:39
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length668
author_reputation23,203,609,903,979
root_title"Have We Seen the Lowest Steem Prices Yet? "
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@karinxxl ·
I am not scared at all that we will go to zero, to me this is about in line with how most alts are doing, which is kinds of miserable all over.

But I am still a believer this will come back when the next als season opens again. Until then..the alts with actualy usability will survive and steem is surely one of those!
properties (22)
post_id79,007,382
authorkarinxxl
permlinkre-daan-have-we-seen-the-lowest-steem-prices-yet-20190813t095344975z
categorysteem
json_metadata{"community":"busy","app":"busy\/2.5.6","format":"markdown","tags":["steem"],"users":[],"links":[]}
created2019-08-13 09:53:45
last_update2019-08-13 09:53:45
depth1
children0
net_rshares0
last_payout2019-08-20 09:53:45
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length319
author_reputation66,408,278,506,348
root_title"Have We Seen the Lowest Steem Prices Yet? "
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@partiko ·
Thank you so much for participating in the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!
properties (22)
post_id79,012,657
authorpartiko
permlinkre-have-we-seen-the-lowest-steem-prices-yet-20190813t133042
categorysteem
json_metadata{"app":"partiko"}
created2019-08-13 13:30:45
last_update2019-08-13 13:30:45
depth1
children0
net_rshares0
last_payout2019-08-20 13:30:45
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length213
author_reputation39,204,266,552,701
root_title"Have We Seen the Lowest Steem Prices Yet? "
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@maxwellmarcusart ·
Well, for me I will continue to power up and hope things get better on the long run. To me steemit is an investment and not a place to get rich quick though a lot of us have had enough patience. 

Personally the major problem why steem is dwindling is as a result of bad policies. They should also consider hearing opinions of the masses and not that of witnesses alone.
properties (22)
post_id79,015,989
authormaxwellmarcusart
permlinkpw6lj5
categorysteem
json_metadata{"tags":["steem"],"app":"steemit\/0.1"}
created2019-08-13 15:26:54
last_update2019-08-13 15:26:54
depth1
children0
net_rshares0
last_payout2019-08-20 15:26:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length370
author_reputation344,967,179,438,144
root_title"Have We Seen the Lowest Steem Prices Yet? "
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars0