Love how you see the silver lining despite the price that's tanking. I am bullish on market because it's the same situation that happened last year. Only slightly worse due regulations here and there plus news coverage that's been affecting the prices.
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Well... the only thing that's predictable about crypto is that it's not predictable :P
I'm being dead serious about about the price of STEEM being low being a good thing though.
b) The amount of SP we're getting from each upvote is basically the same as it was previously. (just the fiat value of that vote that's dropped).
e.g. a) Using fiat to buy STEEM is a LOT cheaper now than it was several month ago. US$0.67 for lifetime of @steembasicincome upvotes is basically for free.
Anyway... the other good thing is that everyone that was just here for the $ aren't posting anymore... so those of us that ARE posting have a much better chance of building real friends/connections that will ultimately determine how well we do on the platform.
I appreciate more insights on that matter. I was here when steem around this price and I am still here. It's always better during these times because we'd get to make real connections, like you said. I still see a lot potentials for steem to grow. I wonder what will the Steemfest and SMT effect will bring!
hmmmmm... the elusive SMT. Well... if it EVER comes to fruition, then yeah... I can't see how it would have a hugely positive impact on the STEEM Price.
Time will tell for sure!