You guys realize Steem’s all time high is like $8 right? That’s the point of earning and buying as much as possible at the current price. Eventually it will break $8 again and then in the correction it probably will land between $1 - $3. After 2021 bull run it’s unlikely to see sub $1 Steem again.
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Hi @jiujitsu
I think we all realize that 8$ was ATH, but that was before HF20 (hard fork 20) has been announced and Resouce Credits were introduced. At that time new users didn't have to deal with RC and crazy limitations.
Yours
Piotr
That has nothing to do with the speculation from FOMO noobs every 4 years. That’s a huge part of these bull runs, and most of them won’t have any idea what a hard fork is, or any of the issues that Steem faces. They will see social media crypto, it’s position on coin market cap, and it’s ATH of $8 and the % up, then they buy in.
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Appreciate your comment @jiujitsu