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RE: Steem is testing long term support area again. Can it hold?
And it is with a great concept behind this product!
I personally think if the community is strong and we continue to develop it , whit additional content, the people will come, then the popularity, then the market cap will rise and the wheel will turn.
Thank you for your insights @igster !
It would be only logical, yes. I guess Steem will do what Bitshares did when it comes to price. Slumber at low point for a long time until it explodes upwards. This could take years however.
In my view the good thing about that is that, even it takes time, this will give us the lead time to streamline the content creation, it will give us time to make a more polished and complete form of the platform and when more people come on-board it will be a working, thriving ecosystem, whit unlimited possibility of growth!
With time comes competitors though.