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RE: Selling Crypto Now is as Crazy as Selling Apple in 2001, Be Careful

in #cryptocurrency6 years ago

Well, honestly it depends on what you are holding. If you bought into a scam and got burned trying to make a quick profit, then hopefully people will learn a lesson. Because you aren't getting that money back.

Lots of projects are going to disappear the longer this rampaging bear is on the prowl. Even Steem might be on the docket. But that's cool with me. I love uncertainty and doubt. Certainty and confidence aren't as fun.

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I really don't see how Steem can get taken out so easily. It was running just fine when coins were 8 cents a piece. Steem needs competition to get removed and competition in this uncharted territory is good for everyone but the exploiters (might be good for them as well in the long run).

Sure Steem runs fines as cryptocurrency with social media clumsily attached when some potential to be fixed by expanding the protocol layer, but technology isn't important with regards to money. Feelings are. Nothing is certain. Steem will survive, but maybe my bar for success isn't simply survival. We'll see where we are in six months. Probably lower.

You think Steem is on the docket to fail/disappear?

Failure and appearance need to be defined. But it is definitely a possibility that Steem has already seen it's peak in daily active users and monetary value. Who knows?

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