You are viewing a single comment's thread from:
RE: STEEM price falling by 8% per day, barely remains in the top 100
Without doubt, it IS sad to see these long declines... I don't harbor much in the way of delusions, but I DO keep in mind that the Steem blockchain remains one of the most functional, fastest and lowest cost (transactions) out there... so the "underlying asset" remains valid. And as long as that's the case, I'm not going to bail out... at some point "value" investors are going to step in and parhaps the whole "major players" landscape will change.
=^..^=
I hear that. The blog works, there's a few good people still here, etc. But I think it takes more than that to keep a website/blockchain healthy. Other sites and chains will be able to copy or improve upon the blog we have here, and people come and go. There's not much here to grasp onto anymore, in terms of underlying asset. 3 years ago this place was groundbreaking. Now it's a broken outdated collapsing currency and community, sadly.
But if there's good times yet to come, then yes, perhaps we'll see a price recovery after the current collapse? If so, maybe today's prices are a bargain, and we're the smart ones to be buying/holding/earning it right now.