This pic shows how fast people are ready to get rid of Steem. Steem was up to 1.20 for an hour and was sold to 1.10 just for few minutes.
I'm sorry not to remember the author of recent post on this topic. She found out that Steem price doesn't go up because it is being sold in huge amounts (maybe by 1-2 players) every time Steem is more than 1.4-1.5.
It feels like we are all in trap of an unknown speculator(s) and the only thing we can do against is to buy and hold more of Steem!
I'm afraid it can get worse with the next selling point stop at 1.20 and 1.30 because Steem is near 0.98-1.08 for quite long.
I consider my Steem account as a life-saving account and want other people to look this way at this. Please, help me with your upvotes and resteems and type what you think in the comments!