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RE: Let's Talk—Bitcoin Dives and Creates an Incredible Opportunity To Buy Some Cheap Steem!

in #steemit7 years ago

@firepower, it does really seem like everything we're seeing in this declining market is ALL about BTC and nothing else... the "sheep effect." BTC is taking a dive because of uncertainty over fork/split... and everything else is blindly following even though it's not the fundamentals of the alt coins that are in question.

Does make we wonder if-- on the rebound-- people are going to look to Ethereum to become the new "gold standard" for cryptos... and BTC will be toppled as king of the hill.

Meanwhile, Steem is still Steem and in decline through no fault of its own. At some point soon, we'll see a bounceback... may not be till early August, but it's coming!

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You laid it out perfectly! This is one of the reasons that I truly believe that Steem can succeed in the long run despite all the FUDsters out here and anywhere else! :)