Post-fork STEEM-Price: We're at B1 and we're opening the elevator door.
Are people really going to get off in the basement?
For further reading on why Steem is now arguably undervalued: https://steemit.com/steem-price/@dan-atstarlite/here-s-what-the-price-of-the-top-10-cryptos-would-be-if-their-available-supply-was-250-000-000 not to mention the technology and the community;)
Peace,
dan-atstarlite
ps. I tried the Youtube Stabilizer on this one, so it's a little wonky looking lol, but I actually think it looks kinda cool in a "Fear and Loathing in Las Vegas" sorta way.
The more I can power up while it's cheap the better off I'll be when the price goes up.
No selling if you ask me, but I don't care. Actually I'll be buying every day till price goes above 0.5$.
I doubt that steem whales will be powering down completely. So why would anyone else rush to do so? Especially if you've invested in steem, At the price of a dollar or higher.
IMO it's best to wait it out. The demand for steem will be coming soon. As the total amount of steem will be capped. Which will lead to the increasing value of steem on the market. So I'd say don't run out the basement. Just because it's the first time the doors have been opened!
Appreciate the perspective - nice scarf!
I think it's foolish for anyone to leave. Especially those who have money and can be a part of this - If I had money I'd be buying it up and become a whale, now.
This reminds me of Bitcoin in the early days. I wish I had bought them up like crazy back then...
I'm looking forward to where things are going with Steemit.
This post has been ranked within the top 50 most undervalued posts in the first half of Nov 21. We estimate that this post is undervalued by $6.55 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Nov 21 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
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I've hear a bunch of people griping and talking about leaving, but they're still here.
If you have invested hard cash in Steem it would not make sense to leave now. If you play the stock market and your shares drop, and you didn't / couldn't dump them when the price was high, then you don't dump them when it's low. you hang on for a bit and wait for the price to go back up so you can at least get something more back for your investment.
If you invested here for a 'get rich quick' strategy and you were too late, tough luck. That's the way the game is.
But if you are here because you like the platform, are interested to see where it will go, and maybe make a couple of bucks along the way, then you're not even thinking about leaving. That's because your mind is on the far future payout - be it in money, fame, fun, whatever.
Great video post, thank you. I think that the price will go down a bit further as you said simply because we currently have already people that power down. It is not that they wait for the shorter holding period to kick in and than start to power down, those people who waited may come in addition to join the people who currently power down. The point is that in the coming weeks we have an excellent opportunity to buy in cheap, I don't think that we have these low levels for much longer.
I am learning .....Keep it coming Hello Hello !!! I didn't meet you @steemfest but enjoy your videos . I will also share on twitter