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RE: The virtuous cycle of upvoting your comment section...
I agree. And the beautiful thing is that steem to 10$ is conservative. With the release of smart media token I see steem going way higher in a few years.
Remember that steem was valued at 4$ more than a year ago... which means that it could go way higher.
Maybe the $4 would be the first sell of, in this graph?
One thing I'm realizing so far, the cryptocurrencies aren't obeying any market laws.
We are making the market laws...
When the BTC bag is full, whales entice us to move deeper inside, smart new comers can help play the game by surfing the pump wave, this is normal as is needed so increase the stake and build the don't panic wall!
I have been looking at it and the bubble is not being bursted, it is just moving, slowly deflating, the scammer might be having fun, but you can see the way the market moves, that some whales beleive in the future and the adopters and beleivers just need to follow their path to help create equiality and wealth...
Usually the ones trying to convert this into Wall Street 2.0 either get big bags of $$ and go away or fall to the good whales, it is the financial battle of good vs evil!
I consider my duty as new comer to trust there are others like you and me that are convinced this is the future, we shall become another wave of whales this time to join ranks with the ones doing the pumps and easing the dumps so the whealth is distributed and then go and build that money wall of trust because crypto just went LIVE man for the humanity we are te gateway and steemit has a really important role!
I have learnt and understood so much this last few days... either that or o got really scammed... in a few months time i will be able to tell!
For now i trust and beleive, and as soon as i'm strong enough I will take part into building that wall, because it is our chance to show things can be done in an ethical way!
I 100% agree with this, and it sucks because I came here originally because i believed in it but then my first year fell for the wall street 2.0 trap
That's right. And I think that we are all encouraged to post and comment high quality content. This will make Steemit a growing and interesting community and STEEM value will raise. While doing spam could only affect it.
I also believe it could go way up. But it would have to be a big change in order to see the prices rise a significant amount. I think Steem is a long term project that has built a great foundation and actually has something behind it. It is definitely unique from most other coins and tokens