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RE: Follow Friday: A little nostalgia
Actually market cap is playing around the same value as in July 16 which somehow makes me feel positive since this long correction doesn’t impact its market cap in the same proportion as it happened in March 17... and we have to take into account as well that the number of altcoins now is larger than then. We have more competitors around and the total stake is for each of them is reduced, in proportion.
I know you are not a TA supporter but these kind of cycles are usual in any market. 20 USD/STEEM doesn’t look weird to achieve, we just need the whole market finished this long correction.
Steem on
What we need is for real investors to appreciate the technical benefits of Steem. The speculators just react to news (real or fake) and all coins go up or down. Steem has to break that cycle somehow.
Dear @steevc
I fully agree with you. I’m sure real investors will come my friend but tell me, let’s say you are a Real Investor, knowing the technology, would you buy now that the crypto is crashing or would you stay calmed waiting for the best moment to buy?
How would you buy Steem? Buying bitcoin first or looking for a FIAT/STEEM exchange?
Despite I like and fully support your vision, a Real Investor is an INVESTOR so, invest on something which believes will generate a value higher than his investment...
There is no other crypto better than STEEM in many terms and the only one with a fully functional use case.
We just have to keep promoting it, improving it and supporting users as much as we can...while the whole market ends correcting.
Cheers