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RE: STEEM: The social currency powered by Steemit sentiment
You nailed it @abh12345.
This is spot on.
HODLing now is the best thing someone can do. There is a lot of development on this blockhcain which will be reflected in the price at some point. We are so far off the highs, it makes no sense to sell now.
Powering up is always a good idea since it adds to the voting power. This is a major part of the compounding effect on STEEM. There are a lot of ways to make money on this blockchain...people just need to keep working at it.
Thanks man, I know you are here for the long haul and are well aware of what's in store.
It's really a case of sticking around, getting on people autovotes, staying in the minds of the high SP users, and doing your bit for the platform.
I have a feeling the next few months wont be plain sailing, but there is much to come and well.. If STEEM hasn't hit double figures at some point later this year I will be very surprised.
I figured we would be at double digits already. I didnt anticipate the major crypto bear entering the picture like it did. STEEM is suffering from that.
To me, the big line to cross will be the SMT protocol being released. Once that happens, I think it will put STEEM on a different level from every other blockchain.
Yes STEEM is suffering like the rest. I'm of the same opinion as you in that SMTs will start the breakaway from being 'controlled' by what Bitcoin does, and I hope more of the more solid tokens follow this new path too. Namely, ETH, and EOS :)
I hope all the tokens you are holding appreciate to dramatically as soon as this bear movement is over.
Nobody deserves it more than you.
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