So guys as you see we are officially below the 1$ mark. Cryptos are getting hammered as we speak and this could well be a side effect of the extension for ETF decision that will eventually take place on the 30/9/2018.
Seems like all coins are following the exact same pattern of BTC and until people - investors feel secure and comfortable with the situation, this is what we are going to face every single day.
A part of me is happy that I can purchase more and more steem and of course a few other Alts as well at such low prices, but I keep wondering. Is this the ultimate bottom?
I know for sure that there are people who bought coins when prices were 2x - 3x higher and many of them feel completely in panic right now.
There are also people who claim that we may see BTC hit the 3000$ mark and if this is the case then it is almost certain that it will drag every other coin to this downfall.
As I’ve stated many times I am a big fan of Dan’s projects and I refuse to believe that prices won’t bounce back. I guess we just have to wait and see...