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RE: Cyber Monday Deal: Steem Is On Sale!
I can't argue with your logic @simplymike.
I have been advocating that for a little over a week while doing it myself when I can. It is a nice way to jump one's stake on the blockchain without giving up a ton of FIAT. I didnt look but what was STEEM the beginning of the month? Double what it is now? Maybe more....
A bargain for any believer in the prospects of the STEEM blockchain.
I've been here for exactly one year now, and I have been buying every now a then. I bought at $1, at $2, even at $4.... I didn't want to invest more, but I really couldn't resist anymore, lol. $0.35 is so cheap, compared to what I've been paying before.
I don't have an idea what the price was earlier this month, but it was definitely higher :0)
I just hope there will be enough 'believers' that are willing to invest. Because I took a look at the list of blockchains with the most transactions earlier this evening. A month ago, SteemIt was way ahead of the others in the list. Now, it is in 6th place, with 5x less transactions than EOS and the number 1: WAX (of which I never even heard) and only half of the number of transactions it had 8 months ago...
I must admit those numbers worry me a bit...
Be careful of the transactions. Most of then are either exchange transactions or gambling like dice games which Steem just got. So if a lot of people play it, transactions will go through the roof, meaning little of course.
https://busy.org/@magicdice/introducing-magic-dice-provably-fair-and-transparent-dice-game-on-steem
As for the believers, I am one and I just bought another batch at just under 31 cents. I will buy in the 20s too if we get there.
So there are a few of us buying.
Thanks for the heads up. It is a factor I didn't take into consideration...