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RE: Why You Should Be Extremely Happy Even Though The Prices Are Down

in #steem7 years ago

I will still continue on dreaming for that day to come lol

I for one personally do think it will just be around $3-$5. If it indeed reach the price of BTC even once, a lot of people would immediately cash out lol. I still do stand by my statement that compared to other Crypto like BTC, Steem is much more better :)

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hmm i had the same thought too but the reality is a bit different because they have different uses. For example bitcoin was the first from every other crypto so ofc it will have a lot of flaws compared to other crypto.

Because it was the first though and most people got this, now it is the number 1 crypto for money storage. It's literally like gold and even better. Litecoin is the silver and it is a little bit better than btc in terms of speed transactions etc etc.

All of the other cryptos have completely different uses, like social platforms, solving problems, a place that you can built apps etc etc so you can't compare all of them together.

I even saw but i don't remember a chart that showed 4-5 categories of cryptos