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RE: STEEM is rising in value faster than BTC....
Nice read mate, I too noticed that Steem and SBD were both climbing during BTCs crash, I'm curious to see what would happen if BTC reached $50000 by the end of the year, whether we'll see that passed on to Steem,SBD and the other alts, or whether it will kill them.
BTC could soon be dead imo... I am unsure though, what I am more impressed by is that STEEM grows more and more on its own terms and no longer mimics what BTC does. Usually to see STEEM up in price it is because BTC has a mirrored price percentage increase. Recently the percentages are WAYYYY off, and it is in the favor of STEEM. I am shocked to be honest...
Haha, that meme though :P
That's my biggest fear, what happens when the coin that pretty much all alts are compared goes under, who takes its place? Steem, SBD, XLM (well steller maybe but supply hurts it) have all gained over the last week, but they dont have the volume. Naturally people will think Ethereum, I'm not so sure because you've got coins like NEO who are basically the Chinese Ethereum, and Asia has the biggest volume of cash in the #crypto world. So it's going to very interesting where will be in 6 months
I have to agree very scary if you aren't watching closely. I know there isn't the volume at the moment but think about BTC when it started out. There wasn't much volume either. What makes the price rise for everything is when there is a lot of demand but not a lot of volume to cover it. It is the same for BTC and for STEEM. Who knows what BTC holds in the future. I can only imagine what time will tell. At this point I can tell you that there are a lot of eyes on STEEM and ETC as well as many other currencies.
The biggest advantage that STEEM has at the moment is a social media platform that you are now a part of. With this platform it gives us a HUGE community backing it and that does a lot more for the value than most realize.
Maybe with all the chaos at the moment everyone will realize that the people are the most important part.... and STEEM has a lot of people simply because of Steemit. ;D
I've only been playing in Crypto since early Nov 2017, was lucky got in just before the spike. But have been pretty well engrossed in it since. With STEEM's supply at 264mil and market at 1.5bil there's plenty of room to move. And you're right again with the platform, just need to convince reinvest their rewards into STEEM power, or other wise every new fish will never get anywhere, and lose a lot of love and sell out. I'm lucky because I know ausbitbank from high school and he shared me on to his follower base. That would be a good project to set up if there isn't one already. Steemians with 2000/3000+ followers adopt a plankton and share them to the world.
Yes for sure lucky you got in before the spike. Means anything you acquired then is worth a lot more than it was.
I love the project idea and would love to see someone take up the idea and run with it.
Still a bit in front, yeah :-) would've been better if I didn't have the hodl point of view and sold at 18 and bought back in at 9 like it was last week. meh, the things we learn lol.... I run the idea past the P.A.L chat and see what they reckon, are you in the Discord Chat?
Nah, I am kinda socially disconnected from the people here on steemit. I have a lot of friends here but I usually only talk to them here on steemit. Maybe I will join and chat with some people. If you had a link feel free to leave it and I will see about it another time. I stay pretty busy most of the time so it is just easy for me to pop on here and type replies and then forget about them till I see more pop up in the feed. :D Got a few great conversations ongoing at the moment but for the most part I don't use voice chat.
So was I, but a mate from highschool who's on here (one of the witnesses) sent me a link to it, and great people, usually just talking shit. and we've a minnow support (a bot that auto votes on your posts once a day if you ask it too) but if your ever bored drop by sometime. Here's a link https://discord.gg/4Rsmk2