Steem, Why Are People Selling You? by steembusiness

steem · @steembusiness · Aug 3 '18

$19.65

Steem, Why Are People Selling You?

![heart-attack-3177360_1920.jpg](https://ipfs.busy.org/ipfs/QmX983JcSyXewVH8KKifJxNZrDssk41V8aR8mokWS5V7t6)

Steem is down, once again people are selling the token that's imho probably massively undervalued. Just look at the daily number of transactions, the number of daily users. It's one of the most actively used blockchains with a real use case.

Many other coins got no usage and mostly no working product either. I'm not even getting started on a use case as that's simply ridiculous in most cases...

But what makes people sell off steem? I don't know the answer, do you?

![header divider.PNG](https://steemitimages.com/DQmTCee2GHXutjSPE1E7HuCbh8rYi7xAuViaEDonZERiFeF/header%20divider.PNG)

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***

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👍 shenanigans, cowtippin, cryptomancer, reggaemuffin, ripperone, buddhist, freemoceanisnow, stiflers-mom, mrsquiggle, furious-one, steembusiness, raycoms, upbloke, taskmaster4450, jasonstaggers, carlosd15, steemsportsfund, xervantes, velimir, forexbrokr, thecryptodrive, theleapingkoala, buildteam, nelkeljdm, pearica, thealliance, bulleth, scaredycatguide, nelkel, gohba.handcrafts, scrooger, cknr7, g-dubs, kefkius, scooter77, techblogger, steempaper, smokeynagata, heart-to-heart, drwom, rhondak, buildteamfund, kiddarko, robofox, adventureevryday, stokjockey, bubbleburst, cryptastic, gekko, buzzbeergeek, qurator-tier-0, matko-md, glitterbooster, trev03, tanglebranch, twistychips, saffisara, jatinhota, dadview, toxichustle, delease, dlease, longsilver, jpederson96, and 80 others

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properties (23)vote details (144)

voter	rshares	pct
gekko	3,906,507,280	100%
kefkius	10,637,250,140	25%
thecryptodrive	26,413,117,785	25%
g-dubs	12,673,545,906	5%
speda	307,377,549	25%
ubg	299,344,631	1%
jasonstaggers	51,067,702,649	25%
scaredycatguide	18,695,756,602	25%
kiddarko	6,257,662,219	5%
cryptomancer	1,511,476,328,944	100%
nelkel	15,981,039,956	75%
naquoya	162,942,532	5%
stokjockey	5,045,082,570	22%
freemoceanisnow	519,979,049,339	100%
dadview	1,258,806,198	3%
steemsportsfund	32,890,321,820	26%
adventureevryday	5,075,699,325	10%
dreemsteem	162,269,564	0.3%
deaconlee	238,257,987	1%
ripperone	882,714,787,058	18%
buzzbeergeek	3,675,154,138	10%
steemitcitizen	414,562,928	5%
velimir	31,681,802,289	5%
underground	131,036,650	0.3%
manuel78	88,043,651	1%
scrooger	13,917,801,045	100%
cryptastic	4,362,779,060	20%
gohba.handcrafts	14,530,180,407	50%
upheaver	278,799,445	1%
reggaemuffin	1,014,912,434,288	10%
vj1309	168,462,545	0.5%
scooter77	10,621,471,050	45%
xervantes	31,914,895,930	30%
drwom	8,803,590,359	40%
arrliinn	427,187,807	2%
matko-md	3,389,090,451	100%
jamjamfood	72,502,352	0.5%
bulleth	18,729,910,317	50%
robofox	5,634,591,863	100%
twistychips	1,693,303,601	100%
rhondak	6,615,525,678	5%
carlosd15	33,723,768,589	100%
saffisara	1,470,603,026	15%
pearica	20,934,354,897	100%
changeangels	79,421,868	100%
youngogmarqs	121,176,922	0.02%
furious-one	87,362,595,834	50%
gniksivart	213,810,512	1%
forexbrokr	26,583,679,052	100%
mcoinz79	323,305,227	1%
edthecanadian	682,726,891	3.5%
catweasel	367,344,514	4%
nolasco	245,021,237	0.5%
jpederson96	994,684,489	20%
heart-to-heart	9,002,124,026	10%
phelimint	407,839,888	1.3%
steembusiness	85,671,153,531	100%
upgoat	964,086,114	100%
resheep	483,385,210	100%
buildteam	23,439,898,591	100%
upbloke	68,351,819,934	100%
upcroak	142,322,309	100%
toxichustle	1,225,010,899	5%
glitterbooster	2,614,407,640	25%
sdicuration	758,735,046	100%
avesa	330,386,984	0.5%
theleapingkoala	23,615,333,841	100%
marty-arts	472,186,557	0.5%
techblogger	9,770,082,196	25%
badham	855,508,490	50%
steemposter	247,872,803	100%
buildteampot	354,125,665	100%
mrsquiggle	191,313,678,676	50%
fishyculture	452,903,415	2%
mentionator	351,641,976	100%
snowpea	956,504,286	4%
cooknbake	112,722,400	1%
vlemon	991,430,827	1%
longsilver	1,089,256,467	5%
molovelly	196,134,405	5%
steempaper	9,637,356,453	100%
taskmaster4450	52,380,058,518	10%
phamished	417,554,123	5%
kriptonoob	687,428,888	1%
raycoms	77,919,803,685	50%
thealliance	19,990,940,927	10%
vibelita	207,003,487	35%
jatinhota	1,284,117,066	2%
cre47iv3	63,527,389	5%
bluefinstudios	201,782,897	1.8%
tanglebranch	1,869,301,326	10%
buildteam-help	246,821,659	100%
byn	817,280,017	4%
cknr7	12,931,221,556	100%
afifa	259,900,158	1.5%
buildteamfund	6,408,270,322	100%
bubbleburst	4,973,492,085	100%
crescendoofpeace	145,515,897	2.5%
nelkeljdm	21,008,166,601	100%
trev03	2,318,978,367	100%
adityajainxds	236,823,952	10%
delease	1,197,892,737	100%
dlease	1,197,892,446	100%
stiflers-mom	357,208,754,518	100%
platosgroove	107,903,220	5%
bengy	558,084,822	2.5%
cygon	276,663,044	5%
patricklancaster	584,745,267	5%
buddhist	836,712,975,047	91%
dailythoughts	221,589,150	100%
warpedweaver	234,071,093	5%
thebugiq	885,342,210	5%
stanstheman1979	289,145,840	50%
sagitta6	75,825,928	20%
themuffinman	99,518,353	100%
thefunfactory	122,795,872	100%
smokeynagata	9,074,002,886	75%
someonefun	122,795,225	100%
funbox	122,795,222	100%
funlands	462,434,430	100%
funanime	122,795,210	100%
funkyfun	122,795,200	100%
funnyfun	122,795,198	100%
dmonia	122,795,196	100%
goldrym	122,794,502	100%
qeoddrir	122,794,490	100%
dodrorth	122,794,484	100%
iedot	100,077,495	100%
hackerzizon	204,197,797	1%
ulqu3	213,009,625	6%
qurator-tier-0	3,479,323,848	1%
wirednkod	257,546,087	50%
shenanigans	4,027,599,317,563	88%
alhidayat	132,053,147	5%
lucko	429,303,169	100%
orcabooster	596,336,149	100%
golgo-13	55,788,577	8%
imowaisab	137,083,461	100%
cowtippin	2,184,623,772,798	100%
kycverified	595,172,725	100%
workntravel	547,470,288	100%
stembi	587,111,484	100%
blockheads	787,364,182	75%
kriptonik	558,651,249	100%

@cloudspyder · Aug 3 '18

Perhaps, they sell steem because of the speculation about the vote value will not connected to the steem power  anymore. Instead, it become 1 account = 1 vote.

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@alan369 · Aug 3 '18

Wouldn't you power down if it'll be real? 

Posted using [Partiko Android](https://play.google.com/store/apps/details?id=io.partiko.android)

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@raycoms · Aug 4 '18

Possible, but they could make it 1 account = 1 vote for visibility and make the voting power count for the amount you get, so not much would change tbh.

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1 reply

@kriptonik · Aug 3 '18

FUD, because its a chain reaction.
The price is down, oh my god, danger, apocalypse, run, before we die...
Basic human behaviour.

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@moderndayhippie · Aug 3 '18

Because people don't understand the true value of steem.. Believe it or not most people think steem is only relevant because of steemit.  They don't realize what is being built here, they only think its a social media app "they can get paid for" and that it is not doing well so it will fall apart.  They don't bother reading the white paper.  They don't want to waiste their time on something that is failing, where as the steem team could pretty much care less about steemit and are focused on the utility of the token and smt protocol.. 
People dont realize that their 1 steem today that is only worth $1.27 usd could be worth exponentially more if they just held on to it.

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@steemitromney · Aug 3 '18

I don't know I'm buying

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@stokjockey · Aug 3 '18

@steembusiness It seems like a good time to accumulate more SP.......... One thing I have noticed is that I can make more STEEM with more SP, am I missing something here ???

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@ragetester · Aug 3 '18

That is called locking in profit, smart thing to do...  The only people that suffer are investors, that bought STEEM in hope it would just go up... what went up instead was supply...

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@m-ssed-t · Aug 3 '18

It could be because the CEO has powered down/sold a massive amount of his holding - does anyone actually know why? Or that new developments are promised and all we hear is "we're working on it...it's a priority", but no clear timeframes or solid roadmap.

Yes, there is a community here, but the token/coin is still an INVESTMENT. Maybe Steem Inc needs to wake up to the fact and start communicating like it is?

Maybe? Or maybe not? Who knows... ;)

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@itstime · Aug 3 '18

this is probably the best reason why someone would be encouraged to sell their STEEM position..

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@taskmaster4450 · Aug 3 '18

I have no idea either @steembusiness.  In my monthly report the number of inactives keeps growing by leaps and bounds.  It is sad.  I know a great deal of them never get started but many are smaller accounts who are cashing out (I presume).  The number of Planktons keep dropping at a rapid pace.

Personally, I am 100% powering up.....this is the opportunity of a lifetime and many are going to miss it.  While it will not be the only bus to come by, it will be a very profitable one for those who hang in there.

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