Steem Continues to Slide. Not the Bottom Yet by forexbrokr

steem · @forexbrokr · Sep 12 '18

$8.33

Steem Continues to Slide. Not the Bottom Yet

<center>![4DCE40DE-8358-4827-86D5-E9226316876B.jpeg](https://steemitimages.com/DQmb77z4xQPmaXSJSgHRD1v2qVqGaAnjQstn6tMv4YNUMxv/4DCE40DE-8358-4827-86D5-E9226316876B.jpeg)</center>

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Hey guys,

Yesterday I asked [what was with the spike down in STEEM](https://steemit.com/steem/@forexbrokr/what-is-today-s-steem-price-action-all-about)? Could it signal the last capitulation drop into the bottom?

> But lol at this:
> 
> ### STEEM/USD Hourly
> ![A64F00C5-90D5-47B3-948F-7237AF528105.png](https://cdn.steemitimages.com/DQmeGNjh9Hostd4FzB6hKEpCLMkJnDvAQRoydgxNatjztBp/A64F00C5-90D5-47B3-948F-7237AF528105.png)
> 
> Seriously, what the fuck is that?

Well if you were feeling that this could have been that last capitulation spike down before a decent reversal, then unfortunately this wasn’t it.

Price just continues to slide:

### STEEM/USD Hourly
![E26A4173-84EE-4FDF-880A-90E5D96E3EA1.png](https://cdn.steemitimages.com/DQmUxgj7pHXWjjzb8rYLV46sj613HPMZdgseMbfHzuGLLAg/E26A4173-84EE-4FDF-880A-90E5D96E3EA1.png)

We really need a hard V shape reversal at the bottom. 

Unfortunately this wasn’t it.

Peace ✌🏻.

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<center>

# *@forexbrokr | Steemit Blog*

*Forex and Crypto Market Musings.*

![lion-header-blue.jpg](https://steemitimages.com/DQmaMdbKQ3ckYDp1G9CAP3ruX3JgRikHJ5L9dzxiZrVWzbF/lion-header-blue.jpg)

**Twitter:** [@forexbrokr](https://twitter.com/forexbrokr)
**Instagram:** [@forexbrokr](https://www.instagram.com/forexbrokr/)

</center>

👍 shenanigans, cowtippin, buddhist, redes, mangos, freemoceanisnow, stiflers-mom, nolnocluap, forexbrokr, scaredycatguide, gohba.handcrafts, danewilliams, scooter77, steembusiness, drwom, teamaustralia, joejoekeys, kiddarko, adventureevryday, buzzbeergeek, jk6276, furious-one, techblogger, goose20, nelkeljdm, dadview, jpederson96, fun2learn, mdosev, kriptonoob, patricklancaster, babarmallah786, hedge.whale, steemitcitizen, blockheads, imbritish, nelkel, dailygiveaway, baqir, dailythoughts, zahircs1999, smokeynagata, bitcoinparadise, youngogmarqs, akioasakura, ryosuketakahashi, steemitbuzz, k3lly, sagitta6

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@babarmallah786 · Sep 12 '18

Gud

👎 overkillcoin

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@forexbrokr · Sep 12 '18

Something your comments are not... 

Posted using [Partiko iOS](https://steemit.com/@partiko-ios)

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@ann-narkeh · Sep 12 '18

Hi @forexbrokr

I'm not interested in getting rich off crypto, but I am interested in helping steemit succeed against our corporate overlords.

Maybe this Monday (17th) #OccupySiliconValley will be a good opportunity for promoting steemit to everyone who's still stranded on facebook, twitter and the other old social media monopolies?

I wrote about it [here](https://steemit.com/promo-steem/@ann-narkeh/promo-steem-proposal-17th-september-occupysiliconvalley-osv-could-be-a-great-day-for-promoting-steemit) if you're interested?

Cheers.

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@forexbrokr · Sep 13 '18

Welcome to Steemit mate.

While I agree that corporations shouldn’t be moral barometers, I also think the occupy movement does way more harm than good. 

Steemit just needs to offer a superior product and people will change. It’s as simple as that. 

Patience 🙂. 

Posted using [Partiko iOS](https://steemit.com/@partiko-ios)

👍 ann-narkeh

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@ann-narkeh · Sep 13 '18

OK, fair enough. 

Many thanks for being so nice and warm despite us evidently disagreeing diametrically on Occupy's helpfulness, or otherwise. I'm happy to just agree to disagree with you on this if you'd prefer but I'm also genuinely intrigued as to why you feel the way you do?

By way of explanation, I've been stuck in Occupying since 2011 almost non-stop. Pretty much everybody I've interacted with in that time has been sympathetic and the few who haven't been weren't conducive to civil discourse. I'm pretty sure the filter bubbles I'm used to haven't helped either. It's a blessed relief to get out of that bloody echo chamber and on to a platform where people just politely say, "no sorry, I disagree with you" and explain why.

So anyway, I'm genuinely intrigued as to how you arrived at your views, not baiting. I feel like Occupy has done a load of really good work in the last 7 years. I'm proud of what we've managed to accomplish so far and am hoping that #OccupySiliconValley results in a mass migrate towards more progressive platforms like steemit.

That said, I'm always up for challenging my perspectives on things. 

All criticism is constructive, if you take it as such, eh?

Like I said, no worries if you'd rather not get into it and cheers for being cool.

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7 replies