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RE: Vlog 171: A higher STEEM and SBD price will increase development on the STEEM blockchain.
It's all part of the ecosystem. Right now is a really good time for altcoins to grow and flourish and steem is a very good example of that. Thanks to the high prices more and more people will be interested in joining steemit and that will be beneficial long term.
it really needs more markets which accepts steem instead of BTC, since people don't have much to do with SBD other than converting it