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RE: New Horizons - My Steemit Speculations for the future
I was under the impression that when hot money flows into BTC most or at least many alt coins such as Steem goes down. I find it interesting that SBD and STEEM have inverted in price. In any case, the rally in BTC may continue longer and Steem may suffer. But I am optimistic as you positively point out. There is active development on steemit and that’s always a good thing.. plus it’s still in beta, so it should be very interesting to see what the final price will be when it moves
to - finished product.
Good post!
I've seen a lot of altcoins and dealt with them over time. One thing is pretty certain at least, in my opinion. We may never see a time where Steem sticks to a price. Although, it's very possible to see steemit stick around a value for a while. I really have no doubt that there will be a climb in value. And when the pricing for Steem goes up, so does the reward pool. The higher the reward pool, the more lucrative it becomes to post. I believe it's at these times of high reward value, that we see an increase in innovative posts. You may be correct however, I'm not good at market seering! Market seering?! Haha, is that even a term!?
Either way, thanks for reading, I greatly appreciate it!