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RE: STEEM is rising in value faster than BTC....
Thanks for the great post. I've heard that there were two main factors, not really related to BTC as a coin. It was partially a pump and dump by investors dealing in illegal BTC futures that ended on the date of the fall. Also, four years running, the Asian New Year has caused a dip at that time. So, that may be why BTC ended up being somewhat disconnected from Steem, but whatever it was, I'm grateful!
Awesome input, I have to agree with you that the Chinese New Year has always affected the Crypto World in a negative way. A lot of people selling off assets when they are usually buying them.
I do believe there are a lot of factors here when it comes to the disconnect but either way I loved seeing it and now STEEM is right back to the price it was before the dip.... well almost. :P
Time will tell but I feel like STEEM and Steemit are about to gain a lot of traction. Like you said 50,000 people a day is a massive amount of people. One small city per day being added will soon make us a state... then a country. :P
The Country of Steemit.... who would have thought, we should invest in an island. Call it STEEM island and invite everyone to live there! Wouldn't that be a nightmare bahaha.
All I got to say about that is, "Got any more of them $14 Steem Bucks?" LOL bring it backkkk!!!!
Yea, wouldn't that be awesome! Oh man this place would become a madhouse for sure! A good thing no doubt.