Once again. The market once gave a huge marketcap to eToys and Webvan. It also felt that Yahoo was worth $500 a share.
The first two raised tens of millions of dollars in venture capital and ended up as nothing. Closed down. Broke.
You are seeing the same thing here. Markets are notorious for getting things wrong. They are terrible picking winners and losers.
Your fears exist because you focus upon price instead of the technology. That is where the difference is.
Amazon and Priceline were not stock market darlings during the dotcom era yet they kept plugging along, developing, and look at them now.
Compared that to the hype machine of eToys and Webvan.
"Your fears exist because you focus upon price instead of the technology. That is where the difference is."
No good investor will talk like this, whats the essence of technology when investors runs away from it? Ask yourself that.
I have been holding Steem since 2017 and i know its potential isn't matching its investment.