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RE: Coffee and Crypto Episode 2 - All About Steem

in #steem6 years ago (edited)

I understand what you mean about being able to talk about Steem all day @kenmelendez I feel the same way when I read one of your posts and watch one of your videos - it seems like one comment isn't enough to say everything I want to say.


I think you are right about Steem being more correlated with Bitcoin than the % of Steem & Steem Power that is issued.


I think you might also be right about Steem trending up again towards the end of the year, but I think it's also possible that Steem might continue to trend down or sideways until next year.


There is only one silver bullet that could kill Bitcoin, Steem and most of the altcoins. That is, if Russia, China and the United States created their own fiat crypto currencies and used all their computing power to destroy non-fiat cryptocurrencies.

I think that is a possibility so there is still some long-term risks with Steem, Bitcoin and altcoins but nothing in life is without risk and it's impossible to know if that will be the endcase scenerio for Steem, Bitcoin and cryptocurrencies.

So we just hold on to our vision and know that our deepest desires might get fulfilled in unexpected ways. Words and even thoughts and ideas or more like metaphors than objective literal truths, you might get that Lamborgini Sports Car but it's also possible you'll get something else that the "sports car" represents in your heart, mind and soul.

Keep the good ideas and vibes flowing Ken! - You are doing great!! 👍

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