You are viewing a single comment's thread from:
RE: Where Does Steem Fit In With the Numerous Altcoin Scams?
Don't invest in the coins. Just use the system as it was intended. A big problem with the whole cryptocurrency scene is that it is almost wholly based on speculation rather than utility.
You are completely right about that. Though, if no one is investing in the coins, what's the value for me? And if there is no value for me, why use the system? The markets are such an interesting thing.
I meant that more for your average anticipated user of this platform. I think speculation and speculators will always exist and will be driven by the platforms popularity and user growth. It really is the first time that non-speculators can use the blockchain tech.