Market Crashing?! What About STEEM?!

in #steem6 years ago

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The market is going down...

The market is going up and down, up and down! It's like I'm in a rollercoaster! And with these up and downs, STEEM goes up and down too! But there is a difference!

STEEM is a social network blogging blockchain, where people grow, upvote each other, get a payout and earn STEEM and SBD. This earned STEEM and SBD can either be powered up or sold in the market... What does this mean?

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What this means is that STEEM has a blockchain is made for people to take out some part of their profits out, each time this happens the supply on the market increases! Pushing the price further down!

This increase in the supply on the market coupled with the bear market decrease in demand pushes the price way down, even further down than bitcoin! And to add to this we have power-downs!

People that had their STEEM in the form of SP get the bear market mentality and start powering down and flushing the market with even more STEEM! Increasing the supply on the market even further!

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By now you must be thinking! "Omg this is going to 0!" Calm down...

I'll tell you what is probably going to happen... sooner or later the market will pick up! Sooner or later we will go from a bear market to a bull market! When? Well, the max time I'm setting is by 2020, after the bitcoin halving! It will take some months after the halving for the halving to be felt but this will increase the bitcoin price to minimum 12k... What will happen then?

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When the market goes bull people will look for a place to get good amounts of profit... people will look to a place where they can do some work, have some fun, and make some profits! That place is the STEEM blockchain!

STEEM price will first rise because Bitcoin is rising, after, STEEM will rise because people will see that there are new people making 5-10 bucks on posts... People will rush in like they did back in December 2017! People will buy STEEM and power it up! Decreasing the supply and increasing the demand! If the Bitcoin price goes on a bull run STEEM will go on twice the bull run!

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Our governments pay hundreds of millions, billions even, to control the information we get! Do you think paying a couple of bucks to control the future of information is not worth?

What am I trying to say with this post? Now is the right time to invest! When people are fuding out of STEEM!

Let me tell you a quick story:

In 1987 the whole stock market crashed... and it crashed HARD! Everyone was Fuding out of all their positions! People were selling their positions without even considering their potential, people sold Coca-Cola stocks, for example, a brand that already had global reach! But there was a man that didn't do this!

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Now, I don't know if this was exactly how it happened, it's a little fiction story of mine, but something very similar must have happened somewhere:

An office in turmoil! Everyone was trying to sell and sell, the market was getting flushed, everything was going down! And then a man came in, through the elevator! He carried a huge briefcase! He walked right into the office's boss room. He looked straight into his eyes and he told him: "I'm here to buy some stocks!"! Everyone stopped and looked at him like he was crazy! He opened the briefcase and was full of money! Guess what... HE WASN'T CRAZY! He bought coca-cola stocks when everyone was selling and selling!

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The man that I'm describing here is now one of the richest men in the world! Warren Buffet! When everyone was selling he was buying! Coca-cola went from 3 bucks to 2.3 bucks in 1987! Do you know how much each Coca-cola stock is now worth? 40 bucks...

Are you afraid that STEEM will disappear? It won't! For just one reason! Community!

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One of the main things any investor should know is "don't invest in a company, invest in a person"! Companies can be shifted, the products can change, a company can adapt to any pressure! But only if the person in charge is able to do it! In STEEM who are the people in charge?

No, it's not @ned or @dan! The people in charge of STEEM is us! The hodlers! The witnesses! The content-creators! There is no single boss! The community is the boss! A product with a community trying to push it forward is a product that can withstand a huge amount of pressure without breaking!

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Steem has 1 million users! 1 million people that can think of a solution! We have all types of content creators! We have engineers, we have artists, we have social influencers, we have book authors, we have youtubers, we have everything to make this platform go right! At this point, I can even go as far as saying that STEEM is almost at the "too big to fail" point, attention, I said ALMOST...

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Are you afraid that more social blockchains are appearing everywhere? Places like ONO? Places like Mithril? Places like Steemit 2.0? Trybe.one? WhaleShares? You shouldn't...

There is enough space in the world for 2 social network blockchains! People have already made STEEM their home! They won't get out when they have already invested in this blockchain! Even if ned disappears, we have enough people on the blockchain to make it work! We have enough people to program solutions!

We have a community! All those other social network blockchains need to grow their communities! Even if a better tech shows up we just need to adapt the STEEM code to it and make it better! We just need to be ahead in terms of tech! Because community...we already have...

Images Free Source - 1, 2,3,4,5,6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 21

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Question of the day: What things do you think should change in STEEM to make it a better and more adapt blockchain? To make it more future-proof?!

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"We are stronger together."

We trully are!

Through this post you encouraged me even more! It's not that I felt hopeless about STEEM or steemit but I think I'm gonna buy some steem now that the prices have fallen..
WE CAN DO IT! yeah! lol :P

See, @teutonium, she can do it :)

!bookkeeping drugwars

Hi @teutonium!

drugwars

Received:

  • 1.049 STEEM from daily
  • 0.791 STEEM from heist
  • 0.000 STEEM from referral

Spent:

  • 1.258 STEEM

Total:

  • 0.582 STEEM

First transfer was before 27.64 days.
Your ROI per day is 5.29 % and you are earning approx. 0.07 STEEM per day.

ROI when taking only the last 5 days into account

Your ROI per day is 16.47 % and you are earning approx. 0.21 STEEM per day.

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