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RE: ⏺Steemit price crashing, what now?
Steem is here to stay. I'm happy about every cent I earn here. In the longterm the price of Steem and nearly all other cryptocurrencies will know only one direction, Skyrocket to the Moon. My only fear is, that another Platform could take the Market and Steemit will disappear same as Myspace. But I hope this fear has no reason. So on HODL and keep posting =)
Yeah, besides even when the prices are low, the rewards are still in good proportion, so when prices go back up, so will the value of your original rewards (which will now be in Steem currency)
Yeah I suppose that is a possibility.. But I can't see that happening. Right now, I am kind of addicted to our community and the spirit in here than anything else. I don't think a simple other site doing the same thing will be able to collapse us that easily.. Besides, if another site starts trying to innovate, so will we! It's on! :D