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RE: Why is the Price of Steem falling? Does it Matter?

in #steem-price8 years ago (edited)

Great article with valid points! Besides the question in your post title another one, rather unanswerable is:

When will the price of Steem grow?

No one truly supporting Steem and Steemit long term should be worrying about prices right now. The opportunity we have here is unprecedented, everyone can get money without having to put any in. Any value of Steem will be more than any other place where you can post your content and let's be realistic about it a bit:
Steem(it) is a few months old. Who's expecting USD, GBP or EUR price stability is being unfair? Those currencies have years of backing and utilization. Steem has already accomplished more than any other.

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well yeah but it needs to actually be a winner long term for it to matter. you can't compare crypto with fiat...

Hey. I felt that the post is mostly oriented towards newcomers that have doubts about Steemit. They are generally new to the crypto world so thought to compare it with fiat so they can relate better. Using BTC or ETH doesn't change the idea of my point :)

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