I'm sure there are about a hundred posts of this nature being typed as I'm typing mine. I'm looking at the markets, the lack of volume, and my gut and limited knowledge (I'm not a pro trader) tells me we've hit bottom. The "signs" one expects are all there, we are terribly oversold and most, not all, are unwilling to sell.

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Redistribution Happening

Right before our eyes a lot of brave little accounts are growing. I say brave, because they have not stopped due to the prices of STEEM being so low. They keep on keeping on, collecting tokens even if they can't buy the nice sandwiches anymore.

You could say that not everyone has this luxury, and you would be right. There are those, like yours truly, that were using STEEM as the means to pay the bills, these markets make that choice an impossibility and that is not hyperbole.

That being said, there is one silver lining to this whole thing, one. Redistribution is happening, and from these trying times new minnows, new dolphins will emerge.

Will STEEM recover?

I have absolutely no doubt it will, none. Maybe I'm crazy, but maybe there is some logic to my mad claim. Here we are, here you are reading, unwilling to quit. All these different projects moving forward as if the price is completely irrelevant.

If I'm to be honest, that makes me smile. Just today @steemmonsters sold out of booster packs in less than 30 minutes. I wonder if any of the enthusiastic steemians were even looking at the price of STEEM. Probably not, probably not.

When will it happen, I don't really know, but I would not be surprised in the slightest if it mirrors last year. There are those who were not here, hence not know what I'm talking about. STEEM lost a whole digit, satoshi wise, it went to 9000 or so, if I'm not mistaken, and it happened right before it took off.

Crazy markets, right? Crazy indeed...