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RE: Will Libra Help Steem, or Hurt it?

in #steem5 years ago

Great insight @paulag, look, I'm a big believer of the Dow Theory, and, as the first rule of this theory says: "the market discount everything".

What it means is that the market reflects the emotions, decisions and thoughts of buyers and sellers, both of which are influenced by news or public opinion.

Following that same line of thought, LIBRA may be both good and bad for STEEM, but in my opinion, it will be good, and that will also depend, fundamentally, on how the STEEM community will take advantage of the launch of LIBRA and how it will affect public opinion regarding cryptocurrencies and blockchain technology.

In short, I am absolutely sure that we are at the beginning of a bull market in the critomarket in general, given the good news there will be about it, and at STEEM we have to take advantage of that.

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I too think we are at the beginning of a bull market and I hope the steem community make the most of this while they can

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