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

in #steem7 years ago

if people can't stay at worst then they don't deserve to be here at its best.

True! Lol The price of Steem might be low right now and people are only getting low payouts, but just imagine when the price of Steem starts to moon. 1 STEEM could be the next 1 BTC. Bitcoin started out this low and I personally think Steem have more potential in terms of Speed and almost everything compared to other crypto coins. Well I could only dream lol

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We are all dreaming of that day, but I hope when that day comes we can have more people that are actually interacting with others than another influx of "nice post, upvoted!" types lol

Posted using Partiko Android

that would be awesome but i think it's an utopia :P same story like the hope that sometime it will reach the price of bitcoin :P (sorry @jlordc at least hope dies last :P). Given the way steemit is formed there is no chance to reach bitcoin mostly never, except if bitcoin falls a lot :P

I think it would be a miracle if someday 1 steem equals 15-20$ :P

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 :)

Posted using Partiko Android

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