Will price recover? Maybe, maybe not. These are all simply opinions, buddy. Yours and mine. Not fact. Simply speculation. Let's see how this all pans out to know for sure. One thing I do know and that is the same talk was doing the rounds back when STEEM was 7 cents. And look how that turned out! :)
You are viewing a single comment's thread from:
That is true.... people felt the same way back then. I just feel like a person better off converting their money to other cryptos. STEEM has slid from #3 on CoinMarketCap to #80. That is really sad. You don't see Doge doing that.
Posted using Partiko Android
It is a massive slide, yes. But apart from the price, we got a lot going on. Much of the top 100 are nowhere near the technical proficiency or community that Steem has. This whole space is built on speculation so I see any other crypto in the same boat really. Plus the fall from grace was due to a number of other factors too, mainly the crazy inflation rate we had. And also anlot of negative sentiment based on news about Steemit.
Now things are looking way better so I can't help but feel positive to some degree. But proof, as always, is in the pudding. Again, all we can do is wait and see.