The price of Steem over the last 7 days
The price of Steem Dollars is squaring up
Buy Buy Buy the dip & power you're accounts up folks you may not get a better chance than right now!!
The whole market has been settling down as the financial giants have been getting in on the action.
The banks couldn't sit still at xmas time & watch ordinary folk make quick gains they have all been buying into crypto over the last 2 months & this is what I believe has been the catalyst for the price dip.
What it will do to the market is stabilize it over time (The rich get richer nothing has ever changed that) & what we will see is a steady rise in the price more in line with inflation than the bubble of hard forks we have witnessed in recent years.
If you are sat on Steem Dollars convert it to Steem power now before the price of Steem settles above the price of Steem Dollars & it will. Obviously if you wait & this is correct you lose out on the conversion rate.
Why do I think this? Because Steem will settle above Steem dollars & the gap will grow, I do not foresee as the platform grows Steem dollars being worth more than Steem in the long run.
Thoughts?