The Selling Pressure is Becoming High
I believe this platform and its community has made its role in rewarding other authors and their audience. We have been doing our role as stake holders trying to reward other users.
Credit : Pixabay
But its disappointing to see some users being rewarding focused on cashing out their rewards. This platform is on its early stages, meaning the rewards we receive are pretty much high compared to the future rewards we receive around 3 months from now.
So my focus probably in the next days will be shifting. It will be more pleasing to see rewarding authors trying to increase their stake. I'm not saying stake it all but probably some.
I believe the rewards and supply of Sports will be scarce in the next months up to the point that investing in Sports will cost you too much just to have a full vote of 100 Sports.
For more football updates and sports related talks, click the "Follow" button and support me by clicking that upvote button.
The selling pressure is intense at the moment and I know for sure that this will reduce in the nearest future
Remember we used to see people over 1m sports before but now we no longer see such people
Yeah and we've been through the rock bottom before. It's pretty normal for a platform that increased in user activity.
a whale sold a million yesterday so it's still going on just less frequently, is their stake so ce la vie
by the way the price feed sometimes doesn't keep up or show everything, people are free to sell or buy and if they don't like the way some things are conducted they are free to mute/block or not support or support what they like. I tend not to be a fence sitter and errybody games stuff differently :)
I just wish it was more fun , ffs! Maybe I'll stir it up with @korver and have a fun brigade
I could see the value of these things go up a lot over time. If crypto as a whole goes up, so will Steem and its blockchain.
Yeah. I believe the selling pressure also was correlated to steem price. I hope it will go up.
Yeah, there was a pretty big sale yesterday. It just the normal ebb and flow of things though. Those looking for a quick buck and some don't like how things are going. Others like it here and want to help it grow.
Yeah I agree. Most of the users here on the platform though wanted quick profits, cashing out their received rewards.