[STEEM PRICE FOR DUMMIES] A Simple Explanation for the decline and the now for the rise.

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·@mrprolific·
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[STEEM PRICE FOR DUMMIES] A Simple Explanation for the decline and the now for the rise.
<h2><img src="https://s32.postimg.org/ubf7poplh/Screen_Shot_2016_07_31_at_6_15_44_PM.png" /></h2>
<h2>You've noticed a massive decline in Steem over the past week and you are probably wondering what the **bleep** is going on! Here is a simple and easy to digest explanation. Also what I believe we will see in the next week. </h2>
<h2>If you have your hand on the pulse of cryptocurrencies for any long period of time, you will understand how reactive the markets can be. </h2>
<h2>This past week and a half saw some not so favourable publicity on Steem. May I just add, it was only based on fear mongering and a ultimately an opinion piece. This most likely resulted in the steady decline we have witnessed. However, as anyone in crypto knows, bad publicity is not such a bad thing...it provides great buying opportunities. Please keep in mind there is a lot of scepticism in the world of crypto, it also happened to bitcoin back in the day and we know what happened there.... </h2>
<h2>One fundamental remains the same, if people are using the currency, the platform and the tech is expanding. The valuation will ultimately rise. </h2>
<h2>Fortunately the thing in Steems favour, is it's a currency which has technology that is actually being used, which is more than what most of these other crypto coins actually have. </h2>
<h2>To wrap us up..Steem is still finding it's feet, but with that said, the recovery of the price looks to have begun. Which is good news for all on here :) </h2>
<p>#steemit #cryptocurrency #steem #bitcoin</p>
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