A few words about the dropping price of steem.

in #steemit7 years ago (edited)


I've seen a lot of negative things on here recently about the dropping price of steem. The dropping the price of steem doesn't bother me but the negativity does. This is why -
We can take virtually any successful stock, bond, commodity currency or even cryptocurrency, and if we look at their respective historical charts, we will see several ups and downs before it's success. On the path to success each has had several discouraging times, blunders and criticism. Just like if we could go forward in time and look back, we would see these rough times for steem.Then we would immediately think gosh I wish I had bought as much steem as I could of back then!

How can anyone expect steem to be successful and trend upward while feeling negative about it. To the contrary, if you feel negative about steem, then wouldn't it only make sense that you would expect the price to go down instead of up?

It seems like the more a person understands and has knowledge about steemit, steem and the blockchain, the less skeptical that person is about steem. Those who understand economics, market behavior and the product (in this case currency) life cycle actually welcome the extremely low price of steem and see it as a great opportunity to accumulate more.

So those of you who understand, BUY MORE STEEM! Those of you who don't, trust those of us who do, and BUY MORE STEEM!!! :-)

FULL STEEM AHEAD!!!!!!

(I had posted this before, just posting again for those who might have missed it)

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i hope i will be able to buy some soon!

This speaks volume.

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Good post. I have noticed the negativity as well, thats why I just made this post https://steemit.com/steemit/@digicrypt/steemit-drama-and-a-vision-for-the-future I would really like to know your thoughts on the post

@digicrypt
Like the name! Following ;)

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