RE: Why The Price Of STEEM Has Been STAGNANT!
WELL WHEN BTC GOES UP ALTS GO DOWN. I HONESTLY THINK THE FACT BTC WENT SO LOW HAD PEOPLE FALLING FOR THE BULLSHIT. BTC SHOULD BE THREATENED OF STEEM. ITS SMOOTHER, FASTER AND OVERALL GREATER TRANSACTIONS. THEY DID IT ON PURPOSE..JUST LIKE WHEN THEY MADE "NEW COKE"? THEY ONLY DID THAT SO WHEN THEY BROUGHT COCA COLA CLASSIC BACK THEY COULD REPLACE THE REAL SUGAR WITH HIGH FRUCTOSE CORN SYRUP. BTC WENT DOWN TO KILL ALT COINS. THATS MY OPINION. TO KILL STEEM. I TOOK MY INVESTMENT INTO BITCOIN AND BOOUGHT STEEM AND PUT IT BACK IN MY WALLET. I STARTED OUT WITH AROUND 400 STEEM INVESTED AND GOT BACK 900. WHEN I GOT THE BTC STEEM WAS 36 CENTS. WHEN I BOUGHT BACK INTO STEEM IT WAS 40. SO ITS ALMOST DOUBLE MY TRADING EXPERIENCE. IDK WHAT ELSE TO THINK BUT MAYBE WE SHOULD DO A SHOW, TALK ABOUT IT.
Alt-coin seasons tend to come in waves. In the last bull run we saw a bunch of alt-coins popping off before BTC did, for example XRP went from 0.4 cents (yes less than half a cent) to more than 40 cents in a matter of a few months. By the end of the year we saw BTC go to 20K and then XRP spiked soon after again.
SO it seems like they come at the beginning and then the end of BTC's bull run. IMO stock up on BTC now and then shift into alt-coins once BTC begins to lose momentum.
Your so sexy when you speak crypto. Haaaaaaa. Your a smart dude! Right on right on!
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