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Thank you for your well detailed response. At least I had something to add to my existing knowledge of the crypto market

I'm not basing my assumptions on blind hope. Have you heard about the institutional money being pumped into the crypto market? Have you heard about fidelity, a $1tr company investing more than a billion in crypto?

P.s $24 billion entered the crypto market today. That is the explanation for the surge in the price of most coins including steem. So you see, it's not just some wishful thinking