Steem can be a cry baby sometimes.
Market is ringing bearish from point a to point z and its gonna look that way for the time being. Why still hold on to steem? some people ask! Well I wouldn't be in a good position to answer that as someone who has really suffered from the red market bang but I do have one or two points to hit as regarding to steem.
When I heard the word cryptocurrency was first through steem. In my earlier blogging days, I knew steemit as a blogging site for earning a few bucks through some form of currency steemit offered and this brought me to the question of where steemit enterprise did get their income from. Was it through traffic I asked? I wasn't to sure so I had to make research on how steemit worked and then I heard for the first time the word cryptocurrency. Then, it looked like a reliable source just for the fact that it was bringing a good income. Then, steem was about 4$ and the steem blockchain dollar or steem backed dollar was about 8.86$ and you could say those where the days. Funny enough, we did imagine steem hitting about 20$ as well as the sbd cause we had to hope to say the least. To some point, I got bored about articles just talking about steem being able to top BTC and other top currencies as a versatile crypto coin cause of its transaction speed and 0 fees required for transaction or third party leverage of any sort so it became quite the news.
It's no surprise steem can't hit any milestone at the current state. I guess 
I would really love to be very wrong on this one though so let's discuss on the comment section. What are your thought's about steem as a coin in the current market state.