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RE: The insanely bullish case for Steem

in #hf225 years ago

I think the argument that the technology and community are great is true.

I also think it has virtually nothing to do with the price.

It's like arguing fundamentals vs. technicals in stock prices. Yes, fundamentals may set the long term price horizon, but technicals dictate the day-to-day. We are in an incredibly immature market for the crypto space in general with some major hurdles between where we are now and mainstream adoption.

I think those hurdles will be overcome in time. But at this point the technology's relation to the price is almost non-existant.

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