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RE: Steem is crashing

in #steem6 years ago

Well low prices are a blessing for everybody who has money on the sideline but we shouldn't forget about running projects that are running there business on available funds. When the price of Steem crashes to much those developments would stop or maybe canceled. So in my opinion we are approaching a dangerous price territory where many users and developers can handle the losses anymore and will leave this ecosystem.
While some of us stackin up on cheap Steem many users and developers could leave and thats not a good trade off!!! I would rather like to see some outperformance of the Steem ecosystem since its one of the only really usable blockchains out there.

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Yes, it's bad for Dapps but good for investors. But who is driving the market? Dapps or investors?

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