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RE: Lower Priced Steem

in #steem7 years ago

@inventor16, what you're saying makes total sense to me... I'm in this for the long haul (5-7 years), as well; I just don't have it in me to worry about these short-term swings. The possible Bitcoin hardfork/split at the beginning of August is an open-ended perhaps worth a bit of worry... but the overall idea of cryptos remains solid... and I really like Steemit's chances of bringing Steem into the top-5 alt coins somewhere along the way.

Upvoted and resteemed to 1100+ followers.

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@denmarkguy thank you for the support, Maxupvoted! I agree, I see steem making it into the top 5 eventually, it'll take time. Right now the market cap seems to be controlled by day traders, but once more companies and individuals buy it, it'll go up quick and stay there.

@inventor16, thanks! I'm a big supporter of the various initiatives (steemgigs, steemshop, etc) that are working towards creating an actual economy based on Steem. If this platform can help generate economic reasons why the Steem token should exist... that'll place us ahead of SO many other alt coins that have little more than "an idea" to offer. When you're an investor... which of those options sound better?

@denmarkguy I agree that it would be nice to be able to buy real life items with Steem or even SBD, without needing to exchange it into USD first.