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RE: Steemit Update [Sep 15th, 2022]: Community Curators for October - Applications Open
Actually, the whole market is facing the red zone now. And if we compare the crash with STEEM as compared to all other coins, then it's minor because STEEM is still better
If we look into history, whenever BTC crashed, we found steem very low somewhere at 0.15 or even less. But this time, there was a very huge crash in BTC, but we are so fortunate STEEM is still stable at 0.20 and more. I think it's l all due this #clubs and burnsteem projects.
So let's only hope for the future of crypto to be stabilize and regain it's bullish run because it's from there that STEEM too will run so high
But while waiting, we can keep bringing in new ideas that will keep this platform alive, active and booming
As @event-horizon rightly said, I think we are all entitled to have an opinion since we claim it is a “decentralized platform”. The clubs and burn initiatives are surely stabilising the price of steem but we can all agree than until we see a rice in the price of btc it will be very difficult for steem price to rise.
The truth of the matter is, no matter how knowledgeable we are or think we are in the field of crypto we can never predict what makes the price of an asset rises and falls. For me I think the club initiatives have been forced on people without allowing them to decide if that’s what they really want.
Even if many people won’t accept it, what attracted you and I to steemit was the rewards and if we can’t spend those rewards then what use it is being on the platform?