Bakkt was supposed to be a game changer, and it was, only thing things went down instead of up. Bitcoin right now is just slightly above $8,750.00 from a low of $8,370.00 the lowest it has been in a long time and all the other alt coins are down also except one that I had never heard of and another which is a stable coin, ha not so stable those stable coins. Of course this has a lot of people worried and so should they be, the question now as always is will it go up or down from here? I guess it should go up but what do I know?
Steem has gone below $0.13 today right now it is slightly above that figure, this does not surprise me as I have always thought possible that Steem will hit $0.10 before this year is over. Again a lot of people are worried but I think that is not the right attitude, OK maybe people won't invest because things look so dark right now, but at least those who own Steem should just HODL after all if you don't sell you don't lose because this thing could always go up.
This certainly does not look that good for Steem because so much depends on people investing money and as much as you can argue that now is the time to buy Steem most investors will probably look somewhere else, Steem to me just appears to be too risky because despite all the things we know it has going for it,it has not helped at all with the price. You know its a catch 22, if the price doesnt go up people don't buy and if people don't buy the price doesn't go up. It takes a genius to work this out. Still there has to come a moment when the only way to go is up.
