Slipping some more by meno

steem · @meno · Jan 27 '19 (edited)

$4.47

Slipping some more

![](https://steemitimages.com/0x0/https://d1vof77qrk4l5q.cloudfront.net/img/1b4e30731077d56905a562512d86381c48a3b0f5.png)

I would love to say that the current price of steem does not worry me, and for the most part that is true. But, because I know running nodes and running witness servers which are essential are not cheap, seeing us slip a little further does leave me a bit uncomfortable.

Truth is, the hype we've been riding on has been mainly focalized in Korean exchanges, and it's mostly based on wallets being reopened it seems, not a change of sentiment in the markets so to speak.

That being said, because I know the level of commitment that the witnesses of this blockchain have, I'm fully convinced that even if the prices dropped further, a way to keep the lights on would be found. I'm personally prepared to pitch in fiat if need be to keep [@helpie](https://steemit.com/@helpie) signing blocks, but sincerely hope it does not come down to it.

I've been picking up some steem on the way down, on this particular way down, that is, and it seems that volume is dropping off, but we could go lower, I fully expect that to happen if I'm to be honest.

But, not to leave anyone with a bitter taste, the cheaper prices always have a silver lining. If you stay active, if you continue to add value, you are likely to accumulate a lot more aggressively at times like this.

Ah, and don't forget to have fun too...

Much love

[@meno](https://steemit.com/@meno)

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

👍 modernpastor, alexis555, therealwolf, ripperone, msp-waves, steem-ua, holger80, jeezzle, partiko, bryan-imhoff, eonwarped, steevc, synrg, soundwavesphoton, steembirds, futurethinker, paulag, harrisonmir, talentclub, kevinli, daydreams4rock, blewitt, kubbyelizabeth, cryptogee, revisesociology, newageinv, ma1neevent, evecab, theexcelclub, noekie, pennsif, crimsonclad, abh12345, amberyooper, zyx066, r0nd0n, scaredycatguide, edicted, msp-makeaminnow, clayboyn, amymya, diabonua, accelerator, bflanagin, glenalbrethsen, silentscreamer, ghostdylan, madmac, pedromrmourato, shanibeer, sbi4, mistakili, el-nailul, king-oghie, teamsteem, karinxxl, asapers, trevorpetrie, hitmeasap, i-c-e, carrieallen, lk666, portugalcoin, yestermorrow, and 97 others

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@elvielins · Jan 27 '19

$0.04

In other words.... keep steeming!! Fire up lah!😂😂. (Lah) is a singaporean Words

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

👍 meno, clumsysilverdad

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@skramatters · Jan 27 '19

Malay 😎

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

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@steevc · Jan 27 '19

$0.08

If the recent rise was fuelled just by speculation in Korea then it couldn't last long. I'm more encouraged by the Steem Alliance and new Steemit management. It's the real improvements we see here that will provide the long term success. I would be buying more Steem if I had the money.

👍 shanibeer, meno, blewitt, revisesociology, valued-customer, stavrin

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@clumsysilverdad · Jan 27 '19

$0.02

seems like the bithumb theory played out exactly and now the price is just returning to the btc trend it was one before ... unfortunately, but i guess it was irrational exuberance to hope for more.

👍 meno

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@madmac · Jan 27 '19

$0.02

That's the problem if you have to see the price of a coin vs Fiat money. A bad way to look at it.

👍 meno, madmac

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@greendeliverence · Jan 27 '19

$0.03

It's just a heartbeat what comes up like that must come down.  I've seen it so many times.  I don't worry steem is a good product.  I see it as a multiple year investment.

👍 meno

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@partiko · Jan 27 '19

Thank you so much for participating 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!

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@newageinv · Jan 27 '19 (edited)

$0.03

There may be one more test for use holders and we should soon see what Steemit Inc’s true intentions are with the powerdown as actions speak louder than words but agree that we will come out stronger from this.  I would be happy to help with a project like [@helpie](https://steemit.com/@helpie) if necessary since you are behind it.

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

👍 meno

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@edicted · Jan 27 '19

$0.04

We aren't going to make real gains until people are certain that Steemit isn't going to exit.  They need to deliver more product.  

On top of that, we still need to convert more SBD.  We printed way too much SBD during the bull run and we are still paying the price for that.  We had 3 million SBD before the run.  We still have 11 million.

👍 meno, fulltimeangel

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@freebornangel · Jan 29 '19

The sbd debt only maters when the steem price is low.
When steem gets back to a dollar the crowd is gonna be happy.

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@jeezzle · Jan 28 '19

$0.04

I'm honestly hoping that we dip down a bit more before we start to rise up again. I really do think we're going to have a strong rise after March. I do think though that this particular dip is due to the flash crash on Binance. It is likely that someone was attempting to sabotage the price of steam. Perhaps they did not like seeing us rise up on coinmarketcap so quickly.

At any rate, if we go down much lower I might have to get further invested.

👍 meno

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properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
meno	0 B		56,808,239,428	12.5%

@steem-ua · Jan 28 '19

#### Hi @meno!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your **UA** account score is currently 5.979 which ranks you at **#318** across all Steem accounts.
Your rank has not changed in the last three days.

In our last Algorithmic Curation Round, consisting of 191 contributions, your post is ranked at **#4**.
##### Evaluation of your UA score:

* You've built up a nice network.
* The readers appreciate your great work!
* Great user engagement! You rock!


**Feel free to join our [@steem-ua Discord server](https://discord.gg/KpBNYGz)**

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@pennsif · Jan 28 '19

This post has been included in the latest edition of  [**SoS Daily News**](https://steemit.com/steem/@pennsif/sosdailynewsnewsaboutthestateofsteem27january2019-ard7wn77g7) - a digest of all you need to know about the State of Steem.

***

* *Editor of the [**The State of Steem SoS Daily News**](https://steemit.com/steem/@pennsif/sosdailynewsnewsaboutthestateofsteem27january2019-ard7wn77g7).*

* *Promoter of [**The State of Steem SoS Weekly Forums**](https://steemit.com/dtube/@pennsif/mxzr4cda).*

* *Editor of the [**weekly listing of steem radio shows, podcasts & social broadcasts**](https://steemit.com/mspwaves/@pennsif/schedule-of-radio-shows-podcasts-and-social-broadcasts-week-beginning-28-january-2019).*

* *Founder of the [**A Dollar A Day**](https://steemit.com/adollaraday/@adollaraday/a-dollar-a-day-charitable-giving-project-ususd-5000-donated-in-8-months-we-made-it) charitable giving project.*

***

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@freebornangel · Jan 29 '19

There is still much about steem to love, we just have to realize we will never be a billionaire's piggy bank, and endure through stinc, et al's, abuse of us as their's.
They wouldn't have changed from proof of brain if it wasnt working against them.

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