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RE: All Is Well With STEEM: Ignore Price Action: This Blockchain Is On Fire!!!
Yeah exactly, it doesn't matter how much the prices go down, the blockchain still operates as usual and nothing really changes. You are only losing money if you sell. It's just that a lot of new people never saw such downfall in prices and now they begin to panic that this is the end of all cryptos. Pff, it's happening all the time. That's how cryptos are. I think there's nothing to worry about when the future is going to bring as a lot of excitement!
I agree with you @trendo. I think some of the new people are Wall Street. This is a new animal to them and the moves are astounding if you come from the stock world.
I still feel too many are not up on the technological side of the equation which makes them nervous. It is like they have a Ferrari engine under the hood of their Pinto yet they do not realize it. Blockchain is the most powerful, disruptive technology I can find with the exception of quantum computing. The next 10 years, this one technology will be at the center of almost all transactions.
That is powerful.