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RE: BTC- What does this chart look like to you?
Being a HODLer mostly, what the chart means to me is that the price of STEEM has followed the BTC market peg and then some. This will lead to deadwood only rewards seeking users jumping ship. Good riddance to them! In the larger cryptoverse we will see shit coins dropped from exchange after exchange.
In a nutshell a market correction which surviving coins shall rally from in 2019 stronger than ever.
This is the opinion of a HODLer who was dragged, kicking and screaming, into the cryptoverse in the days when you could still mine BTC on a graphics card. It is not meant as financial advice. My crypto wisdom has been pure luck. 😎
Well what you say makes a lot of sense to me as well. Hopefully steem is one that sticks around.
Feeling very long on steem myself. Just picked up 6700 steem the other day.
Nice, no fear even with all the drama going on with steemit,inc and steemit.com?
It is my feeling this has been long overdue. It was the subject of my fourth post on the blockchain.
It has been very heartening to see some great brainstorming the very day after Ned's announcement.
We really have to put decentralized back into the decentralized blockchain. After 3 years it is time to leave the nest, in my opinion.
It could turn out to be great news in the long run, or it could be the beginning of the end of steem. Hoping for the former.
My feeling is that too many have too much stake to let things die because of STINC's business plans. Maybe, now, folks will realize the advantages of voting for Witnesses that are good software engineers first, like @timcliff to name but one, and good contest organizers secondly. 😎
Hopefully. I haven't seen a rush for any of the largest stake holders and witnesses to build much though. That needs to change if steemit,inc takes a back seat.
The following brainstorming by themarkymark, anyx and bobinson, only hours after Ned's announcement seemed promising.
https://steemit.com/steem/@apshamilton/decentralisation-of-full-nodes-essential-for-steem-s-success