RE: Crypto Market Crashing Hard | Reasons with My Opinion
To think that I was thinking along some these same lines just yesterday and even penned down some thoughts I plan to share on my blog later, I must say this was very insightful and helpful. I really hope Cryptocurrency stays! It indeed speaks of freedom. Plus I like your thoughts on not all cryptos being a bubble because it is really tiring to keep hearing people say "It is a bubble"! So I agree with you on not all of them being that way! The fear is because blockchain makes it possible for anybody to roll out their currency as you've rightly stated, but there are certain factors to consider when planning to commit to or invest in cryptos, and when I looked at the features of Steemit, I had a strong believe in it and decided to join in. I'm still learning though, but being around information like this and more makes it all the more beautiful! Like I always pray, I truly hope steem grows exponentially. Thanks once again for this lovely post. Looking forward to reading more from you.
@euniceokoh thank you, i really appreciate your comment and thought. And yes you're right #Steemit is in every way a perfect and one of the most powerful example of blockchain technology...
Youre right about anyone being able to roll out a blockchain and currency BUT, people need to examine it and decide if it has value. Let idiots guess and speculate and people with an ounce of sense invest where there is a true value, a use and application. If there is no tangible use for a token/crypto, we might as well just trade pokemon cards !
Steem for me ticks all the boxes, it has value and worth and it is tangible. Let it grow strong roots slowly and the whole steem ecostructure will develop and expand, and along with that, the price !
and most importantly, its actually a lovely friendly community :-)