Things are calming down.
Amongst a sea of red STEEM is in the green this morning.
And this is happening with all the current drama going on (although it seems to be calming down).
Funny how that works right!
You expect 15 cent STEEM and then it goes to 40 cents (or 11300 sats).
We are currently at #40 at Coinmarketcap too (from below 50 somewhere).
I always enjoy these moments in price (even though I know they can turn around even before I post this, it's ok.).
In general, I believe things are looking up anyway for us.
Unlike other crypto's drama/crisis on Steem usually triggers positive action.
I have seen it before.
I'm not 100% sure why that is. Maybe it's the social aspect and the fact that we can talk to each other on this chain that ultimately forces people to make it work.
And I always like to see people make it work. Although it takes a strong FUD stomach before we usually get there, lol.
Other positive news I saw this morning there seems to be a Steem Alliance forming:
"Yesterday @Ned put out a call for nominations to form a community foundation to help with the funding and development of The Steem Blockchain." Read more about it here.
I think it's a second layer between Steemit inc. and the Steem Community that will dedicate itself to help grow development on the Steem Blockchain through fundraising/donations.
It will be fun to see how that develops in the upcoming weeks too.
All and all a pretty good Monday actually!
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the price of steem for me is going the wrong way -nothing is ever fair! lol
Lol! Thanks for the chuckle! And also your witness vote the other day!
I was actually impressed with @ned's willingness to appease the community and help setup a Foundation. It will further the decentralization of the Steem blockchain without harming @steemit Inc. and founders like @ned.
Great effort guys! @exyle @aggroed @reggaemuffin @inertia
Lets just hope the community foundation is allowed to do what is required. I hope you are somewhere near it or are on it.
This is why I like technical analysis. The news and price often move in opposite directions. All the information you need is in the price and volume chart.
None of the news as of late has stopped me from being able to engage and earn nor invest so maintaining my direction forward as I believe in the community in the end that make this worth it all.
Posted using Partiko iOS
The future looks bright. Drama is maybe here to wake us up a bit to start working efficiently for the good of this blockchain. It is amazing how people work together here. I'm enjoying this green and happy to be a part of something this big
Posted using Partiko Android
Me too 😊
Investors who are buying Steem right now probably feel reassured by Ned's appearance on SOS forum and aggroed's show. I would be.
I think you're right about that.
It's also true that Steem got oversold a bit and was somewhat due for a bounce, one way or another.
I have good hopes for Steem's future.
Posted using Partiko Android
Me too 😊
Mark @exyle this time when we go over $1.00 Steem we may never come back below it...........Don't Look Back
unless bitcoin jumps again I doubt steem will go up in price that high u.u
Posted using Partiko Android
Just can’t believe steem is still only 40 on CMC . Would of thought the weaker projects would have been weeded out by now
Community is the key to STEEMs long term success and I totally agree that having a public record to discuss and debate is one of our greatest strengths.