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RE: 💸💰 STEEM: Take The Long-Term View: It Will Create A Great Deal Of Weatlh

in #steem6 years ago (edited)

Nice article. I only wish the market stabilises a bit, because it's very frustrating to see our account's valuation go up so much, only to return to the base almost overnight.

PS: Yes, it's my second time here. A kid that impersonates a well known American politician forced me to ditch my first account.
This time around I won't even address that user. I will avoid him like the plague and I hope he leaves me alone.

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That is sad and, unfortunately, something that happens far too often.

As time passes and the site gets bigger in terms of users, that will change. When the pond is small, a big fish can make waves. When it becomes an ocean, the impact is much less.

I basically ignore pricing action...it is not reflective of anything real. Instead, I focus upon what is taking place on the blockchain...that is where the real action is. As we grow the ecosystem, the pricing action will follow at some point. It might lag, it might run ahead...but it will move upwards over time.

When, I cannot tell you. But with each passing month, the blockchain itself gets larger and more powerful.