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RE: Did the Bear change how you see Steem?
No, Steem is a "regular" cryptocurrency after all, as I previously thought
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No, Steem is a "regular" cryptocurrency after all, as I previously thought
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Interesting, by 'regular' I suppose you were saying it has nothing special compared to its competitors or the other similar ranking coins?
Erm, just my personal classification.
I deem bitcoin, ETH, litecoin, Steem, Bitcoin Cash, Augur(REP), Monero and other coins/tokens with big market capitalisation and/or relative ease of access as "regular".
Others are "irregular".
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Ah, got it. IMO Steem might be a little more special than those base on the points I stated in the article. The community is simply the factor make us stands out so far.
Well, I would say yes and no.
Steem is special because it's involved in the so called "attention economy" (in layman's term: get paid for creating entertaining contents, be it article, video or music). So there is indeed some "inherent" value in Steem as a token of "entertaining / attention catching contents".
But then the value of Steem, like all cryptocurrencies, is subjected to speculation because it is tradable on exchanges.
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Speaking of speculation basis, which coin isn't? Maybe some thing won the bigger crowd might ended up with higher winning chances over the speculation game.