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RE: The run on Steem, has it already begun?

in #steem8 years ago

Get it while it is cheap now, but after there may be some big sells for those people who just engaged in the process to milk the current change. People should be careful after the switch over and if they believe is a good long term hold then they should not panic and sell once prices drop again (which I feel they will). This is al about clearing the speculators and establishing a new system that may or may not work. It also is about people creating new good content and a new positive vibe on the site. None of this is going to be easy, but if you think in pure numbers it is not hard to imagine under the right circumstances that Steem could go from about 12 cents today to 60 cents in a year- a 5 bagger! It could also go to .6 cents. Anyway WE control the content and thus a major aspect of the tone/vibe of the site. Here is my latest contribution: https://steemit.com/steemit/@bitcoinmeister/first-business-to-accept-bitcoin-in-maputo-mozambique-rent-one-of-three-apartments-instead-of-staying-at-a-hotel

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There is speculation involved and the content can indeed make a difference. Panic sells are hard to control. Hopefully it will all go well.

Lots of ideas for the future of Steem, there is activity, it will attract attention.

Thank you for sharing your post link. Will check it out later.

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