How I feel about Steem Today

in #steem5 years ago

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Bitcoin is doing very good, while most Altcoins are in the red. Steem is slightly down so nothing new there, it just seems that the seventies is the new spot for Steem in Market Cap, quite bad, something will have to fix it and I really don't think it will be Hard Fork 21. On the other hand all these new tribes that are sprouting like let's say weeds could be the one thing that could help Steem, there is a lot of enthusiasm and people are really getting involved with these new tokens, I can hardly keep track of what I am involved with.

At least there is some hope there, but we have to see if this enthusiasm causes an upsurge in people buying Steem to buy tokens and this can help Steem's price go up because it looks like when Bitcoin goes down all alts follow it, but when it goes up this isn't necessarily so.

Of course things don't look so good right now because apart from the everyday problems, Steemit and Steem also face a lot of competition from new platforms and new coins, and we have no idea what will happen once Facebook does come out with Libra and Dan at EOS comes out with Voice.

Perhaps the competition will be too much and Steem and Steemit will succumb or maybe it will turn out for the best and Steem resurges. All we can do is hope for the best and keep on posting, at least when there is activity the site looks lively.

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