Some good reasoning on why Steem price should keep going down.
Hopefully there is somebody that could give us atechnical argument for the value to rise.
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Some good reasoning on why Steem price should keep going down.
Hopefully there is somebody that could give us atechnical argument for the value to rise.
The main difference between the 1 established crypto and all the rest is that one is valued and trusted and used as a currency to a degree that is above and beyond its value to currency traders . Steem could become the 2nd crypto to have inherent value but only when it is being used sufficiently, by many, to purchase goods and services. This will never happen while the winners, "big earners", cash out daily for dollars because when they do this they are indeed, as the article surmises, being paid by investors, who are losers. They will only stop this when the price hits rock bottom and then, maybe, because of the community spirit, something will be built that has real value.