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RE: Steem Just took a huge nosedive! At USD 1.15 right now. Down nearly 20% today.
This is my thinking too. It's quite funny if you look at it as a storm-in-a-teacup. That bit about not being able to continuously grow without a pullback? Lmao, that's the whole worldwide fiat economy right now. Hilarious to see the writing on the wall!
It is a storm in a teacup :) And it is going to expand sooo much :) That bubble thing... everybody is scaring everybody about the bubbles. Bubble here, bubble there. The only real bubbles are are artificially made by bankers and other influential people. here it is normal economics and a little bit of herd behavior :)
Oh yeah, I know that. I mean't that you can look at the pullback in steem and when you do it's super easy for beginner economists to come to realise that that correction is perfectly healthy; ergo why doesn't everyone apply the same logic to the worldwide economy you know?
Yes, we're very likely heading for another crash, but only because the bankers tried to stop a perfectly healthy fallow period of pullback, and that didn't make no sense lol.
Why doesn't everyone apply the same logic to the worldwide economy? Because nobody wants it to be healthy :) There is so much more profit in manipulation :)
Oh no, I mean your every day Joe Blogs lol. Most people on the street can't seem to see the obvious, it's baffling to me and kinda sad.
It is sad, but again, it's always been like that :)