We now have sub 30c STEEM...
.... time to play?
Although it's never good to see our beloved STEEM taking a nose-dive, this presents a great opportunity for the 'wealth' to become better distributed.
We may well see further falls from here so keep your eyes peeled and your powder dry.
We may not see opportunities like these again for a long time...
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Who knows if it will fall even further? I personally believe that it is possible to fall below 10 cents.
It could indeed. We just don't know. Personally, I'm going to see how the dust settles over the next few weeks on Steem with Steemit before committing any further funds.
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Lol yes, the wealth is getting distributed; the top 1% cashed out. The top 30% took a haircut. And then there's you.
#steemitCollapse2k18
It is a worry but many of the top holders got in when it was sub 10c over 12 months ago. We could get there again
Probably will, but you've gotta weigh your options: Steem invisible no fee crypto who leveraged up and is feeling the burn in this crashed market, or real and solid shiny metals that no one needs to know you have? :P
While I wish the world could go one way, ultimately all of our choices combine into one big soup at the end of the day.
EDIT: Imagine if someone mischievous met up in real life with you from Steemit. They tell their friends "Woah this dude is rich, he has 90000 Steem and 40 BTC! (if you put your address into busy.org)"
Yeah, I don't think I'll ever have 90,000 Steem or 40 BTC so that's never likely to be a worry but I take your point ;)
Are you more of a silver/gold bug...?
I just want to unify with my brethren brah. But yes using real money is a viable path to that. Anything outside of the control structure.
I actually just posted a rant because how I see it, there is a much deeper change that needs to take place if we are to "get rid of the banksters."
Crap. Opportunity or disaster? Worried steemit will go out of business.
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Who knows?! I'm going to see how this plays out with Steemit over the next few weeks before I decide which one it might be ;)
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