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RE: Buy When There is Blood in the Streets - Perception, Framing & the Power Down Paradox

in #steemit8 years ago

I know. Hard to say though. The price had rebounded out of the blue well before the hard fork was implemented. If the price goes into a dive again now, we are no better off having taken such drastic measures. I know the devs have the best interests of Steemit at heart. I just question their wisdom in making pendulum swings.

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The reason the price rebounded was due to market sentiment. Like it or not you can't take speculation out of the equation. The best strategy is to make the most of it. The economic changes should bring more stability but nothing is ever guaranteed.