You are viewing a single comment's thread from:

RE: Can’t Eat the Cake Twice: Don’t be a Steemit Tourist

in #steemit6 years ago

Empress, I was actually working on an article that is bullish about SteemIt.

The crypto market at large has a problem. While each crypto-currency might have a cap on its production of coins, there really is no upper limit on the number of ICOs that can exist.

We are basically to the point that anyone can download software, put up a server and claim that they have a new currency.

We are going to have to see a large number of failures in this space. My big worry is that regulators will heed the cries of people who lost money in the crypto market and use that as an excuse to regulate the market.

Coin Marketplace

STEEM 0.28
TRX 0.12
JST 0.032
BTC 67333.93
ETH 3115.87
USDT 1.00
SBD 3.73