This post is mainly to encourage people to buy steem not to sell it on a market crash.
You can see in the graph that there's an amazing amount of users joining steemit. A total of 600,000 in a last year.
An average 2000 users every day, while it don't seem a lot to market or particularly steem this is a big increase.
An average 100 new users decide to power up steem power the very first day.
While market went down due to bitcoin dip, this is an opportunity for everyone to buy some cheap steem.
You might think ill wait and see, it may actually go even more down the ill buy. Well don't since you are going to miss a chance.
It will jump back up and then you are going to regret for not buying it on a lower price.
I myself keep buying it every day while market still haven't recovered. What i truly believe is going to happen sooner then expected.
From yesterday you can see how steem went down instantly and then just jumped right back up in minutes.
This really shows how big resistance there is not to allow price to go too low. Its obvious that new users are buying steem while some old users afraid to loose during the market crash and selling. Either way there's no comparison since new users are joining every day and there is 6,5 billion people left to join. At some point some truly rich people/companies join and invest way more then old users are able to provide.
One more time i encourage you to buy steem and don't miss your chance.