Cryptocurrency prices are falling due in part to the outdated Bitcoin which almost all coins are tied to. Bitcoin needs to die and be overtaken by Ethereum so that the prices can stop falling in line with BTC. People are so old fashioned and take years to adapt. BTC is dead. Its scalability and adoption sucks, it's fees are ridiculous. It shouldn't even be a top 20 coin at this point.
For everyone who was foolish enough to think that SBD would pump "to tha moon" I hope you all lost your money. SBD is pegged at $1 as it should be and will eventually make its way down. Steem is the currency we all want, not SBD. I don't care if you like SBD because your blog gets more. We need to stop the dependency of SBD and realize that as a community, STEEM is the driving factor behind SMT's etc - NOT SBD.
At this rate, Ethereum will overtake BTC in the next few months - The first time BTC has been overtaken by any coin since cryptos were created. It's exciting!
Steem is holding strong through this dump. Yay :)