I know, it's hard to see the cryptocurrency market decline further and further over the cause of the last weeks or better said months. Especially after we've all got a taste of the sweet rally to the moon in december last year.
But that's no reason to be depressed as cryptocurrency are still just a niche product after all and not many people are invested in it. I mean as soon as it gets easier and as well safer to trade cryptos a lot of people might join in on the trading side in hope to gain some sweet returns.
That's as well the reason I'm still massively bullish on steem as we are just about one million accounts strong and don't even have any big organizations or stars on our network yet. Just imagine what kind of hype a celebrity could create for steem by simply using it as new social media channel.
But hey, that's not all as we got SMT's as well and that could really get things going as everyone who wants to run a SMT based platform will require steem to actually be able to run it. So I guess you can imagine what kind of a demand that'll trigger eventually.
Of course that's all just speculation on my side but honestly, who believes that Bitcoin will stay at the current low prices while there are only 21 million coins in existence?
A Crypto Startup Revolutionizing Steem! |
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