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RE: Why Does Steem Lag in a Bull Market for Cryptocurrencies?
Is there a deeper bias? Or does the market just not trust "coins with a greater function?"
This might have to do something with the POW lovers and DPOS haters...
Not sure hating DPOS is why STEEM price is lagging. Facts are that POS results in potential for arsehole whales to influence the value of your investment. Do you want to put your investment dollars at risk of being massively negatively influenced by arsehole whales?
We don't have many of those on steemit.com But we have a few. @fyrstikken
And the few aresholes fully explain why STEEM price is stuck in endless loop, and not keeping pace with BTC