Recently today, I was speaking with a friend and she had a theory about why she thinks Steem Price is not where it is meant to be at any given time.
Her theory is that Steem Users dump the market with their earned steem because many of them lack market trading intelligence to effectively and profitably sell their steem by bidding higher and not asking lower when trying to sell and buy respectively. So they agree to immediate Ask Prices, so they could make instanteneous sale, thus not giving steem a chance at higher prices, as a result the market consistently dumps, although minutely.
If truly, steem users are not good traders who try to trade, then she might be right. If not, then she is wrong. All the same there seem to be a sense in what she said. Everybody's singular trading affects us all.
