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RE: Why The Price Of STEEM Has Been STAGNANT!
"However this can be good time to convert some bitcoin to steem as the rate between are very low"
I said that exact same thing over a year ago. It was the best time ever to convert BTC to STEEM, so I went all in! Everybody congratulated me for "putting my money where my mouth is", and ridiculed anyone who wasn't full invested in the Steem dream.
Today I'm down over 95%, despite putting 2 years of full-time effort into creating content here. My team and I have worked hard to lose everything.
We can still turn this ship around, but as Dan Larimer put it we are running out of time.