What causes STEEM / SBD prices to fall?

cafynv3mrz.jpg

Source

Some users of the Steem Blockchain platform, the falling price of STEEM / SBD has a huge impact on their enthusiasm in making quality posts in the future. In addition, the biggest impact of falling STEEM / SBD prices is the large number of steem blockchain users who stopped writing content on this steem blockchain platform because they were disappointed with the decline in selling prices of STEEM and SBD.

We all do not yet know for certain what caused the price of STEEM and SBD to fall, but in the view of some people who have long been in the cryptocurrency world, according to them the cause of falling prices from STEEM and SBD is due to falling prices from the king of coins namely Bitcoin. If the price of bitcoin falls, then almost all other cryptocurrency prices will also experience a price decline.

ymjturmj1s.jpg

Source

The impact of falling prices from STEEM and SBD is very visible, namely the decline in people's interest to write content on the steem blockchain platform. Formerly or when the price of steem was still priced at $20 per one coin, very many people joined the steem blockchain platform and even they were very excited in writing their best content every day because the wages they got were very large at that time.

But since the price dropped, the steemians began to stop writing content on the Steem Blockchain platform due to falling prices from STEEM and SBD. Even though the price dropped it is not a reason for us to stop making posts on this platform block steem. Because we don't know that going forward the price of STEEM and SBD will go up or not, if the price goes up, it doesn't rule out the steemians who have stopped going to join again on this steem blockchain platform.

Best regard,
@victoria-bella

H2
H3
H4
3 columns
2 columns
1 column
Join the conversation now
Logo
Center