Hey!! I was wondering... What's the relation with Bitcoin and Steem when playing in the market?
When the best opportunity to take out Steem or Bitcoin, and return with little gains in one or other? do you have any post that could help??
Thanks!!
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Bitcoin and Steem share the same relationship as most alts share with Bitcoin - that is, sometimes Bitcoin will be a favorite (e.g: Steem lost market share from June til December) and sometimes Steem will be, likely while other alts are (like recently). I would say that certain catalysts, like SMTs, will give Steem a nice pump especially if any "real" websites (when I say "real," I mean with a lot of visitors) adopt it because everyone loves the word "partnership." Honestly I'm quite bullish on Steem in long-run just because it has a working(ish) product and we can actually verify through websites like Alexa & SimilarWeb that it is growing very quickly.
Awesome reply, thank you very much. I also believe in the Steem system to make new crpyto-social sites, and i think this will really skyrocket pretty soon.