Did I forget anything? Are there any other exciting and positive developments in the crypto space I neglected to mention? Drop a comment in the comments section below and tell us about it.
Maybe that Steem and the platform we call Steemit is alive and kicking :)
Yeah really exciting to see Steem at 26 spot on the marketcap. I think we should be a top 10 coin. We have a strong community, a ton of platforms running ie Steemit, Steepshot, DTube. Its kind of wierd a coin like Cardano is at spot 5 and Steemit is sitting at 25. I do think we'll see a shakeout of a lot of altcoins and I think quality projects with real communities and real world application will surge.
It's actually been said that Bitcoin won't crash. At least in the next 20 years to come. It's prices may keep fluctuating but it won't crash. With luck, people can sell their bitcoin at a time when the price for it is highest.
I totally agree with you, really one of two things can happen. Either Bitcoin crashes and goes away completely or it sticks around and recovers, maybe slowly but it will recover. I think the latter is more likely.
I think the biggest danger in crypto is the altcoin cleansing I think were going to see in the next months or years. A lot of these projects that have been popular but are not live are going to lose steem, a lot of projects that got hype but have no utility are going to go away. I think now more than ever its important to invest in quality longterm projects that actually make a difference in the world.
Maybe that Steem and the platform we call Steemit is alive and kicking :)
Thanks for your post @rulesforrebels
Yeah really exciting to see Steem at 26 spot on the marketcap. I think we should be a top 10 coin. We have a strong community, a ton of platforms running ie Steemit, Steepshot, DTube. Its kind of wierd a coin like Cardano is at spot 5 and Steemit is sitting at 25. I do think we'll see a shakeout of a lot of altcoins and I think quality projects with real communities and real world application will surge.
It's actually been said that Bitcoin won't crash. At least in the next 20 years to come. It's prices may keep fluctuating but it won't crash. With luck, people can sell their bitcoin at a time when the price for it is highest.
I totally agree with you, really one of two things can happen. Either Bitcoin crashes and goes away completely or it sticks around and recovers, maybe slowly but it will recover. I think the latter is more likely.
I think the biggest danger in crypto is the altcoin cleansing I think were going to see in the next months or years. A lot of these projects that have been popular but are not live are going to lose steem, a lot of projects that got hype but have no utility are going to go away. I think now more than ever its important to invest in quality longterm projects that actually make a difference in the world.
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