I'd say the markets react to bad news. The most frustrating part, to me, about the markets is that people dump at the slightest set of bad news. Whenever there's even the smallest thing on the news, BTC goes down.
Crypto holders are some of the most fickle holders I've ever come across in my life.
The thing I'd most love to see is STEEM somehow breaking away from BTC, and becoming its own thing. Independent of BTC.
There's no reason why BTC should get to dictate STEEM price so much.
We just haven't come up with the way yet.
Surely this trend counts as Steem breaking away from BTC?
Obviously you mean in the other direction!
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