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RE: Quick Witness Update. @jackmiler (aka Jack Miller)
Thanks for showing your commitment to Steem. That's why I'm glad to be vote you and other witnesses who are committed to Steem. I'm actually kind of optimistic about the price of Steem. I see it making a big rebound. Then again, what do I know?
It really all depends on us.
We are the market that everyone keeps talking about when we say things like "the price is subject to market trends and manipulations".
Who is the market, if not us who are interested in Steem!
I agree. I also think of it in terms of a business. Like the price of Nike stock, it's price is determined by the value the market is willing to pay for it, but their product has an affect on the value potential investors will place on the stock. Eventually, Nike has to start making shoes, or making them well. For currencies, it's the same thing. At this stage, investors are banking on the potential that the currency will be in use in the future. I think we Steemians can make that happen by offering to pay Steem for goods and services and by accepting Steem for our goods and services. That will give a strong indication of future viability of the coin.
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