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RE: Cheer Up Folks. Here's some good Steem news!
Unlike 95% of the altcoins, steem actually has strong fundamentals. Cream always rises to the top, particularly when it's 'steemed'.
(I'll show myself out.)
The technical properties of the coin are pretty good, but the price action can be completely decoupled from what a coin can achieve on paper. Steem's survival depends on a strong backbone of a highly engaged userbase that's interested in using it as a social media platform, and we should all be pushing for that ultimate goal.