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RE: Thoughts About Bitcoin & Steem

in #cryptocurrency7 years ago

Good response to a good post here, I'm with you.

You do bring up a point about Steemit though, that it tends to bleed a bit due to its model where people might take money out but not put so much in.

As you know I'm hoping SMT will be the new price driver for Steem, and we don't even need to get involved with whoever adopts - just hoard our SP and blog about how loaded we all are! 😋

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You are definitely right, the SMT is a game changer in this aspect. Glad you pointed that out . I wonder when we will start hearing about some ICO using SMT ? That will be an igniter

Not until next year I think, which could mean a quite couple of months for the price of Steem...

When things are quiet it is the best time to buy ;) what do you think ? 💭

I'm hoping so, added a little more two in the past week 😀

It really is a good time right now. I added some during the last dip. But now would also be a good time to buy some other crypto as well because the price has dropped quite a bit !

You are probably right re: diversification. I just cant help buying Steem to Power up!

When we understand the value of Steem and the potential it is hard not to power up right now hehe