Stay Strong, The Next Rally Will Come!
I know, it's hard to see the cryptocurrency market decline further and further over the cause of the last weeks or better said months. Especially after we've all got a taste of the sweet rally to the moon in december last year.
But that's no reason to be depressed as cryptocurrency are still just a niche product after all and not many people are invested in it. I mean as soon as it gets easier and as well safer to trade cryptos a lot of people might join in on the trading side in hope to gain some sweet returns.
That's as well the reason I'm still massively bullish on steem as we are just about one million accounts strong and don't even have any big organizations or stars on our network yet. Just imagine what kind of hype a celebrity could create for steem by simply using it as new social media channel.
But hey, that's not all as we got SMT's as well and that could really get things going as everyone who wants to run a SMT based platform will require steem to actually be able to run it. So I guess you can imagine what kind of a demand that'll trigger eventually.
Of course that's all just speculation on my side but honestly, who believes that Bitcoin will stay at the current low prices while there are only 21 million coins in existence?
A Crypto Startup Revolutionizing Steem! |
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Long and strong!
I used to be on tension as crypto fell but after bitcoin rallied from the lows of 6000 early this year and the recent rise and fall in prices, am positive Steem is bullish especially after the launch of SMTs and more use for the Steem is explored
Steem should not just be a bitcoin follower in terms of price if one takes into consideration the launch of SMT's I think this should be a top 5 coin...
Right now it is so cheap, because no one thinks that SMTs are really coming or that @ned is able to deliver the features in a way that it will be used...
I myself would love to hear an estimation regarding the release date each week. It can change, no problem...
Somebody knows something about the release date? The last thing I heard as a rumor is that it might be in July... but the rumor is a few weeks old already...
Seriously the SBD price is depressing. I am waiting for weeks to power up, but looks like it will take some days or weeks more. We need to be patient.
It may go to $1. Do not see a reason why it's depressing. I would focus on invest the SBD in good advertising or other cool alternatives that exist.
I invest it in Bid Bots once in a while, but powering up is always a better option. Now the Steem price is higher than SBD what make you get less profit.
I know a better thing than Bid Bots. Or well... It's a combo 😊😼
cryptocurrency soon to moon
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yup, you are right. that is real
You have written well. I was also wondering why the lows at this time but nevertheless the bitcoin and other cryptos like steem will hit that all time high again...
Just like you stated in your lines.. Imagine some celebrity hitting the waves and popularity sets in.
We are just one million and we are making impact just imagine what we will do when we hit five million.
I am optimistic about this blockchain and all that happens in it, many dont know yet..
Thanks for sharing my friend.
I am me @brightfame
Bitcoin was at $2000 1 year ago so you are logically wrong that Bitcoin is at low levels. It's a lack of perspective.
It's not a lack of perspective, just a different one as I'm refering to the last 6 months ;)
View longer time frames, whats next. Worry about days? 20-30% down is normal in Crypto. 50% is a little more. 95% down that is a but weird tho
This moment is not the future, the future will be pretty better in special in the cryptocurrency market
One take away that I had from Blockchain week was that as @novogratz has said...... "The herd is coming". There are so many partnerships with Fortune 100 companies and crypto startups that the inevitable moon will happen. After the big institutional money paves onramps into the space which should start to happen the second half of 2018...... look out!