Sad Thoughts About The Price Of $STEEM
Greetings friends
Spring is on the calendar, and outside the window, I can see that winter is currently in full control of the situation.
Spring began violently in March, but lost its force in April, and therefore winter hit us with great force with its snowfalls and froze spring.
Why am I saying this? Everything in our life resembles a swing or a zebra. Good events alternate with bad ones, the black stripe turns white and vice versa; the pendulum swings to the left, and then to the right. But the swing of the pendulum is predictable and obeys strict mathematical formulas. But life and its fluctuations do not fit into these rules, it is like an unpredictable Brownian motion.
And now I come to my main thought - we cryptomaniacs, steemers, have fallen into the crypto winter again. At the beginning of February, it seemed that this crypto winter would be short-lived and the crypto spring would begin, but the force of this fall turned out to be greater than it initially seemed.
I sometimes jokingly say that I remember the price of Bitcoin being less than $1,000. But it seems to me that if the price of $BTC drops to such a value now, then $STEEM will die. Why do I think that?
This is the exchange rate chart of $STEEM. The minimum price was on March 3, 2017 - $0.07175.
Bitcoin was worth about $1,000 at that time, give or take.
On July 1, 2018, $STEEM jumped to $6.9951. The price of bitcoin is approximately $6,000.
I remember those days. Many people expected to see themselves as millionaires in a year.
What do we have today?
If we do some small mathematical calculations, we can see that the positions of $STEEM are very bad now relative to $BTC.
This is the kind of spring I like! Palm Sunday will be in 2 days. Easter is next week.
Friends, thank you for your attention.
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Yes, this thing is true about the market that it can be unpredictable but it is part of its charm. Same just like seasons, there can be sometime up and sometime down. We've been through tough times before and made it through.
But it is better to remember that even in winter, there's a chance and potential for new growth. We must try to keep supporting each other. We're all in this together.
Yes, those are the right words.
Disappointing, of course, all this... But I still think you can't force anything that depends on people and their behaviour. We can try to react wisely and quickly. Where does that lead us...?
Don't be sad ;-))
Of course, we always hope for the best. 💪
But the current market situation was created by literally two people, Putin and Trump.