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      "title": "",
      "body": "it also depends if people are here for the long term or not, if they are and they care about the growth of all crypto currencies and steem then like me they are not thinking about dumping. In that case in a couple of years when there are 10's of millions using steem the $3 or $4 price might look so cheap and silly.....",
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      "body": "Are you the original creator of this text? If so, please make it obvious to avoid being downvoted for plagiarism.",
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      "body": "Damn, thas was what i tnink when hit $1, i wonder if tomorrow i will be crying again looking $5, $6 or even more... well, its a very dangerous invesment right now as you say. \nAnd sorry for my bad english ;)",
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      "body": "As @btcswag pointed out, the reason the volume is so low is that ~97% of all STEEM is frozen as STEEM Power. Difficult to have massive sell-offs if there is no assets available...\n\n...plus demand isn't going anywhere anytime soon.\n\nI'm confident that we're just in the foothills of a large mountain range right now.",
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      "body": "Even though the price has skyrocketed and volume is very low, over 97% of Steem are locked up in Steem Power. Even if people power down, they get just a fraction of their Steem each week (1/104).\n\nSo yes, be very wary of huge price spikes. It just takes one person with a lot of Steem to tank the price with such low volume. However most Steem are locked up in the network as of right now.",
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      "parent_author": "zachamo",
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      "author": "samtoland",
      "permlink": "re-zachamo-steem-price-warning-20160713t000842752z",
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      "body": "Two key points to remember (especially for those that are non-financial and/or crypto-newbies);\n\n1>  This market surge is natural given the explosion of interest over the last days, but is unlikely to be sustainable (as @zachamo notes) and could conceivably crash quite hard again as it adjusts.\n\n2>  If the price crashes this is neither (a) particularly bad for steem (short-term or long-term) or (b) the viability of steemit.\n\nJust power for the course with new currencies, there will be a lot of volatility with a platform this innovative.\n\nMy advice - if you like Steemit in principle, keep using whatever the price movements for the next months, will be irrelevant in 6 months.\n\nIf you are planning on trading Steem, ask someone else for advice :P",
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      "author": "djleo",
      "permlink": "re-zachamo-steem-price-warning-20160713t000819069z",
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      "body": "I don't think people's interest is going to die down anytime soon. People who are cashing out from their content will keep producing content which increases the attractiveness of the platform both for consumers and advertisers.",
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