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RE: What it felt like experiencing the bloodbath of alts on the markets today.

in #steemit5 years ago

You get used to it after a while. At these prices there are lots of people willing to buy STEEM which helps the price. We're looking long term at what STEEM will be in the future so these prices are great for us.

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Come to think of it, I only really began to grasp the importance of steem in terms of value during the crash. I went off in search of different cryptos whitepapers and realized that the majority of them, had no real value other than as trading pairs, yet their market cap was ridiculously high in some cases. No wonder they crashed when btc prices tanked lol.

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