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RE: The Official STEEM Report 4th March 2017

in #steem8 years ago

I dont think you understand how this works. At all. The long term value of any asset depends on the amount of value it generates for an economy/society. Despite the fact that there might be short term corrections, coins can have a general uptrend over the long term.
The upside is very much infinite, while the downside is limited to 0.

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agree, however right now, all CCs are following bitcoin until such time they decoupled from bitcoin for the reasons you mentioned.