Hey Crybabies, I mean Steemians
Let's all take a moment to acknowledge that crypto is in the shitter apart from Doge, Doge moon! Prices have fallen like crazy since the last all-time high and we've come back to reality, oh there goes gravity!
If you've hodled since then, you've lost your money in the crypto, but you should never let it go. You only have one shot do not miss your chance to moon, because opportunity comes once in a lifetime.
A state of Steem-pression
Due to the current prices people have left in their droves, and that's ok, did we need them? They didn't believe in the community or the tech and were just in it for the rewards.
Which is fine, but you could also have a day job for that! I've seen a few articles of late highlighting the current plight. I've picked out ones I found interesting here
- Am I Reaching My Steemit Goals
- Price of Steem tanking but that's good news
- Still postitive on the way down
-Steem current prices a dream or nightmare
-Depressive Steem Now What
- Prices are down is hope lost
-
If you can't stand me at my lowest you don't deserve me at my highest
My question today is, is it that bad? Like really? I don't think so!
So as I finish moms spaghetti, I'm now ready to drop bombs! Ok, that was my last 8-mile reference! Calm down!
Oh look graphs
I put graphs in this post, so you know it must be legit, and I must have insane amounts of technical knowledge right? To illustrate my view, I need technical analysis so here goes!
The last time STEEM was this low was around May 2017. It has since had three big runs thanks to the growth of the overall market too with BTC, and ETH insane valuations and users began to think that this is the norm. It wasn't and isn't the norm. People are freaking out when it hit $0.70 it when it was something like $0.20 just over a year ago.
STEEM tends to be flat like most cryptos throughout the year, and this accumulation phase is excellent for hodlers. Keep buying the dip all the way down, when moon sell! But in our case, we want more so we have more influence.
So along with dropping prices there are a few positives.
Shitposts have dried up
I'm not saying they've left the platform completely we're all guilty of shitposting our way to reward and that's fine. But the sheer numbers and frequency of shitposting have taken a dip, and I've found it much easier to find good content and engaging authors on the site during the fall.
Current crop of creators are jacked
Everyone that's currently posting and commenting is on their grind. They're thoughtful, content and ideas are being promoted that are constructive and we're really seeing support for new accounts joining during this time since we don't want to keep losing good authors.
dApps have time to innovate
This is the ideal time to release your dApp on STEEM the small community like i mentioned are jacked and are willing to provide you with feedback, support your project and help you refine it before you have to really take to market and gather a user base.
Ya'll are greedy
Stop comparing STEEM to fiat; It's not the same! Perhaps if you're living off of STEEM yes but if you're like me and want more influence, you only have to look as far as how much stake you're getting. The more STEEM Power the more power to you my brothers and sisters.
Getting stake is easier
So getting a stake for your efforts may not have the significant dollar value attached to it but you're getting more laps out of the reward pool than you did before in stake! This is the ideal time for Redfish and Minnows like myself to power up and starts building a sustainable middle class and help redistribute the wealth so we have a more viable base for users who would not walk away from the platform as easily as before.
Are those enough reasons to stop freaking out?
It's ok, just hold your breath honey and keep kicking
How about a little Steem scrimmage?
So you're telling me after building my account from the ground up for almost a year that I should leave? I ain't going out like no bitch, ya bish!
That's right, I'm not leaving! I said I'm not fucking leaving. They're going to need a fucking wrecking ball to take me out of here. Steemit is my home and they're going to need to send in the national guard or a SWAT team, coz I ain't going nowhere!
Have any tips or just want to tip me?
If you're upset about the current STEEM prices and think its time to call it quits why not take a break, delegate all your STEEM to me. I promise I'll take care of it and put it go good use, what do you say? Deal?!
Let's connect
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