Okay it's been almost two weeks now since most wallets around the world have stopped accepting STEEM or allowing us to move STEEM from one wallet to another. I see people talking about the price of STEEM as if it is dong good, and I have to say I'm very disappointed.
Within the crypto industry it's common to use the term "DO NO HARM" as a motto. As of right now I personally see a mini STEEM crash coming because know-one on steemit is able to move them to most if not all of the exchanges. Once this get's worked out I expect a selloff, and my expectation is that it will be a big one.
HF20 is a total disaster, and no amount of spin can really take that away. But over time, and some much lower prices there is a future opportunity to buy in after the crash I see coming.
We will still post on the @exploretraveler account and will use our current STEEM as a leverage to get more STEEM after the future downtrend. Now this could all happen and recover within a single day, but I highly doubt it.
Good Luck and Happy Trading!
This is a great observation. Very good call regarding HF20 and the Freeze of all Steem Trading. The price of Steem has only been controlled of late by Steemit, Inc. ... what an interesting consideration...
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