STEEM: Who Will Have the Last Laugh, We or the Naysayers?
Image credit:@Majes.tytyty
A few days ago, I was in a WhatsApp chat group which consisted entirely of Steemians. And then a debate erupted regarding whether or not STEEM will ever hit the $1 mark again.
To my uttermost surprise, a sizeable group of Steemians vehemently argued that STEEM would never reach $1 until it goes to zero. A few even went on to argue that the New Steem was the nail in the coffin of STEEM. What!
Just then I realized how ignorant these set of Steemians were. They seem not to know that bear markets do not last forever, that crypto markets are generally cyclical in nature. You go up today and you're down tomorrow. And the cycle continues.
What we saw in the January of 2018, needles to say, took about three years to materialize. We are almost two years in the build up to another full blown bull market and I am sure that our own STEEM will not get missing in action.
The naysayers who will never buy STEEM even at this incredibly cheap prices always dream of the day STEEM will go to zero. Then, they will come forward and scream I told you....I told you that STEEM was going to zero...but you didn't listen.
The naysayers can continue to dream and badmouth STEEM but I am damn sure that they will never have the last laugh.
Instead, I foresee that we, the investors and protagonists of STEEM, will have the last laugh. We will be the ones to look back and yell, We told you. We told you that STEEM wasn't going to zero. Now it's $5.
At any rate, it'll be quite interesting to see how things will play out in the near future. I don't know for how long it will take nor do I know for how long we will wait but the naysayers will not have the last laugh.
UntilI I come your way again, I wish you a full STEEM ahead.
I am @gandhibaba, the young man who goes about carrying his magical pen, not his gun, in his pockets.
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It will be interesting to see how things do unfold going forward.
There are two sides pulling back and forth over this matter. In the end, I see things the same way as you do, STEEM will certainly pass $1 in the future.
Lol even if STEEM goes to a penny I would still use Steemit and all the Tribes I am a part of.. and I would also keep playing Splinterlands! So the price really doesn't matter, because it's still more than you make for posting or commenting on other social media sites!
This is the spirit and I greatly share your sentiments too. STEEM has no viable decentralized alternatives at the moment. So, staying with STEEM remains the best thing to do. Thanks for stopping by.