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RE: Why Steem

in #steem6 years ago

Steem being an utility coin with a community behind that is really using the tokens for something that couldn't be achieved otherwise is trul unique. However, I am less optimistic about the next bull run. I fear it will be the same thing all over again, with coins exploding in value without differentiation - and the inevitable fallback. I think we need a much harder crash to really seperate the useful from the scam.

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I kind of agree with you but at the same time if this is the bottom and most of the scams and low potential ones or the ones where you don't even really need a blockchain for it die out through no funding, it bodes well for the ones that will continue to exist a couple years from now.

Hmmm, when it grows, we could freeze in stable values and invest smart. But it's inevitable for a bull-run to be followed by a bear run. Sad.