Okay.. I really like today's topic... And in as much as I don't know too much about crypto currencies...i do know that most, if not all crypto currencies are controlled by the rise and fall of bit coin. This simply means that if bit coin goes up, other cryptos follow suit and vice versa.
Secondly I also heard that the Chinese government pulled out their funds invested in bit coin and placed a barn to the legal use of crypto in the country simply because they were experiencing high rates of fraudulent activities within the crypto world by its users and since it's hard to trace who has and who does not have a particular crypto, they decided to stop crypto entirely. (I can't say for sure if this story is 100% true or not though).
Now this is what I feel should increase the value of steem, if and only if more money is liquidated into crypto currencies, then this will invariably affect the Steem value and other crypto currency values as well. This is basically the reason for the project @steemjet initiated by @dimimp. This project advocates for global adoption of steem which will definitely improve the value of steem. There is no better way to preach steem than to give steem you know? Lol
Am out to read other comments anyways, because this is really an interesting topic which I have pondered over in time past.
God bless you my friend @humanearl
yessir, you bring up some valid points here, my friend. Imma a long-term hodl here, this platform is still beta and will be enormous in the near future. Keep steeming while it's low and then our acct values will fucking moon bound-- can't wait for this space ship to take off
STEEM ON brothaaaa
Thanks boss, I can't help but steem no matter the value of steem, because steemit has gone far beyond the money aspect to me
yeah for sure, it's a great place to meet people, network and build relationships. Much further than the money aspect, indeed, my friend
Just think of how far steem has come and it;s only about 2 years old at this point. The dope thing is that Steemit is just only one of the platforms that could take off and increase the value of steem. 2 more years from now we'll have SMT's and a boat load of other apps using steem. HODL!!!!
Yea, i totally agree...true facts... HODL!!!