Trust the resistance points
Its been a long year with cryptocurrency getting pushed back down after the up. But I believe there are three basic reasons on top of the FUD that are to be considered in regards to why this is the case
1 adoption, because of how hard it is to use crypto without tunning the risk of losing all your money by forgetting a password its a tough pace change but as more and more people work on creative ways to make the ue of cryptocurrency more friendly we must wait.
2 liquidity, if you have a way to by cryptocurrency easily you’re doing well, coinbase is one of the staples to this but we need more. Secondly alot of the time we cant sell it back to them or anybody when we need to use it to purchase with fiat. But eventually fiat will be gone and this wont be a problem anymore.
3 scalability, this is the big one, when the heat came and the values skyrocketed the hashrate became too slow and transaction fees went haywire, for liquidity and adoption this third problem is by far the most important as bitcoin and the countless alts gain momentum, ,which it has eith the integration of segwit and lightning for bitcoin specifically there are alot of reasons to get excited still, alot of the ico’s that were funded are now rolling out products and doing their token swaps.
Very soon we will see how much this will change the technologies section of the world. I think this dip is the calm before the storm as scaling occurs. Hodl tight.
The same things are happening here too.
All three of my cryptocurrency issues are being resolved here as well this year.
A million users
A higher level of sp locking than steem being made.
More and more access to different platforms and exchanges.
Rolling out of SMT.
We have a long way to go to start taking down the giants but we have the tools, we have the smarts and we have the transparency and protection of blockchain. Thats what makes this place special. Thats what makes me feel secure and thats why even if we go down to 10 cents im here for the longhaul and my sp will remain sp unless somewhere down the line I actually need/have enough of it to survive or keep my account running strong.
Much love
Hodl for the future!
Some great links for you!
1GIFT = US$0.20 get 100GIFT
Click link to get GIFT
Bitshares- Dizzyjay27
Erc compatible Ethereum wallet address-
0x03dd0492e092bf7785f0230bcbb0c85c4b07360b
Friend me up on discord! dizzyjay#7251
I think it will be a good time to purchase steem if it trends anywhere near the 10 cent mark. Possibly even if it reaches 50 or 90 cents. I will look to see if it starts trading sideways or makes a reversal and starts trending up again before I'd be willing to invest. But I can definitely see some long term potential for steem, especially as a Steemit user.
Please Upvote➜https://steemit.com/christianity/@bible.com/verse-of-the-day-revelation-21-8-niv
i think this definetly the future as many countries have started to consider it as legal. just upvoted and followed you please follow and upvote me .
i am new here
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by dizzyjay from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.
dizzjay, help me with your vote to continue subsisting in Venezuela als things are hard. this is my post :https://steemit.com/spanish/@frl21/sobre-la-desgracia-de-venezuela-fue-antes