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RE: Contrarian investor - Bad Times Make for Good Buys

in #steem8 years ago

@chezar Thank you for your comment and @j3dy thank you for the translation.

How are people supposed to develop those 10-15 killer apps and websites, based on the steemit blockchain, without any support or care, segregated communities, decentralized people, how are we supposed to work together and make something good come out of it.

I see it differently since the steemit development team is working and actually released already various API's (Python and JS to my knowledge) and updated libraries for developers to use. So in my opinion this is going well and is the right thing to do if you want to invite other developers to implement steem blockchain related apps.

The price has dropped from 4.50(high) to 0.08 I suppose, so there could be a trend to get back there, but it won't happen unless all the problems are fixed and all the promises fulfilled. So therefore there are around 442 promises and problems still not on sight.

The price development is indeed bad but I think it has not much to do with the capabileties of the blockchain but more on speculation.

There would be a way if people start bringing in value rather than taking away and wanting more, for me personally this could be a nice place, but not in it's current form.

If you look through various posts that there are people (like myself) who keep putting money into Steem. You have always people who just like to take and have more but that will never change I think. Until you get payed out the rewards from your posts and don't have to pay a cent to blog than I don't think value is taken away from this platform.

It might sound like it but I want to ensure you and everyone who is interested that I am not a fan boy or however you call it. If I see something that is not right or a scam you can be ensured that I am the first who will leave but until than I strongly believe in this blockchain.

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Well said...

Trolls will be Trolls...

nom, nom, nom...

Many people do believe I have seen it and wish it was better than it is right now.

So we are on the same page I suppose. Many have been making revenues. The problem is the unstability and the lack of overall direction at least in my eyes.

If a normal market trend is to be expected sure the price will skyrocket :D

All I'm saying is that it won't be as easy and another hype run won't come easy.

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