Did you hear all that talk about STEEM going to the Moon? STEEM just recently hit a big spike in value a couple of days ago. There was talk all over Steemit about how it was going to keep on going up. Looking at today's charts, it doesn't seem to be headed that way any longer. It is headed right back down to where it came from. Fellow steemers, let's not get our hopes up too much. We need to keep our expectations realistic. STEEM is probably not going to be as successful as Bitcoin was (peaking at a value of about $1200). If you want this to grow, keep your STEEM and power up. Realize that there will always be those users cashing out their STEEM instead of powering up. Instead of treating this website like an investment, they are using this social media to get paid right away.
I hope that STEEM blasts out of our atmosphere one day, but it might take a while. Patience steemers!
(From Poloniex)
