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RE: Steem vs USD. We are on our way to .85/USD! This could be the chance everyone has been waiting on to get some significant SP.

in #cryptocurrency3 years ago (edited)

@bycoleman I am new to cryptocurrency, but not new to human behavior. The sudden rise of Bitcoin and Altcoins tailing behind was to me a significant event. Now, as it's dropping low... it is also significant. I smell something fishy. I can't put my finger on it, but I think this is something to watch closely. I have this feeling that something will trigger a rise. In the Springtime we always clean house, hence the word "spring cleaning" I thing you are smart. The guests are coming and the house is spotless. HODL


Thanks for your comments.

BTC is dropping IMHO because it has very little value on its own. It is used for buying and selling other tokens that have value, but it has none. We will continue to see downward pressure until other coins can break loose. Steem is one that will.

Much success!

Thanks totally makes sense. thx

I see Crypto and the dollar as the same. It's all numbers on a screen. The dollar is supported by the Big Daddy Warbucks A.K.A "The Federal Reserve" and it somewhat keeps it's value (through manipulation of course). Honestly, I wouldn't be surprised if in the future, the dollar becomes a Crypto. Them boys in Washington have been pushing us off paper for a long time now, all that's left is encryption. Think about it. Just my opinion, I could be wrong.

Man, I think you are right on Exactly!

Sooner or later Crpyto will be the only "currency" and the governments will be trying to control it all (for our sake of course.)

Just ran into this video

5 minute mark. This seems a little info commercial. But though it referred a bit to our discussion

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