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RE: Proof Steem Is Going Into a Bull Run
I hope you are right, but until they fix the problems caused by the fork, I cant see that happening. I cant imagine an account with 170 SP only having RC to make 23 comments when the rc bar is full. Imagine the minnows who invest 50 bucks only to get started here and cant even write 1 posts a day and interact in the comments.
Price doesn't move based on fundamentals. If the markets were rational coinmarketcap would look a lot different. Plus, price unfolds in "linear time" but you have to realize there's a lot more than what happened today or 3 days ago.
If the market is bullish on STEEM on the scope of 5 years, what happens for a few days or even months is insignificant in the long run. Look at BTC, it was still mooning when the blockchain was completely bloated and basically nonfunctional!
I agree, the market always does the opposite of what people think.
That's going to be fixed very soon https://steemit.com/steem/@steemitblog/hf20-update-restoring-continuity
I read the post earlier this morning, but im worried a 10 times increase would not be enough. But it still something and its good to see they are trying to address the issues and the community is engaged thinking about the best solutions for steem, we have a community that few other blockchains have.
We have a comminty that no other blockchain has!