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RE: Steem price chart and further prediction on Steem and SBD

in #steem8 years ago (edited)

Today we live in the information age, there are dozens of parameters that can be quickly and easily factored in, this gives widely distributing results.

Put another way we have learned to live with information overload and the majority of people cannot see simple clear indicators when they are obvious...

This is why insider trading is so important to the share stock market; people with the investment money need something to tell them when to buy and sell. That is the way the world works; the rich manipulate the system for profit and the rest of us, we just exist.

Consider a man who has gone bankrupt so many times he is literally a billionaire with enough money to buy the Presidency of the United States of America. That is today's real world.

Money makes money as long as it has a real real lot of extra additional help, that is why 'insider trading' gets you a longer jail sentence than air piracy, murder or terrorism. It is because insider trading makes the system look bad and highlights the unofficial manipulations that discourage the minnow shareholders from investing more.

Steemit will do whatever steemit does, personally who bought bitcoin many years ago? ; and who is trading all those other crazy new cyber cryptocurrencies. Maybe once all this new ago internet money starts to stabilize people will look for a solid cryptocurrency that is actually backed by something almost as real as a Social Media website platform...

The world is a crazy place full of information and opinions; but the main thing to always remember, there are three types of people. Those inventing scams, those running scams and those getting caught in scams; steemit is real and I think steemland is going great for a baby website that is just four months old.

Of course you can always vote with your feet and stay or leave the steemuniverse ; its a free country or brave new free world. But please promise me something as a follow steemian if you would, please come back and drop me a note...

If you find another website anywhere that potentially pays me real wealth from complete strangers when I do not have to "buy" 'anything'...

C U on the B C ( BlockChain ) : )

/ hugz ; )