In my opinion the price of steem wont hold up very long seeying the trending posts with some of them having 2000$ plus payouts. Most of these posts are 50 50 and I can only imagine that these will be cashed out in a few days especially considering the fact that bitcoin is so bullish at the moment.
I certainly hope the price holds and even goes back up to last years highs of over 4 dolars but gravity is what it is and I feel that in a few days we will be back at least the 30/40 cent level.
I have been busy posting hoping to earn some steem power, all my recent posts have been 100 percent Steempower payouts but to be honest Im a big jealous of some of the huge payouts Im seeying minutes after these posts have been published.
What is your opinion on the short term goals for the price of steem and what factors do you think will influence this?
Wishing you all a great evening
