STEEM ON THE RISE, SIGN THAT CRYPTOCURRENCY IS STILL ALIVE.

in busy •  6 years ago 

At a point in 2018, When the bear market in the cryptocurrency space was lingering on for too long, I actually thought that cryptocurrency was dead because it kept on falling without rising back up even just a little bit.

In 2017 during the bear market before the bull run that started towards the end of the year, at different points the cryptocurrency price rallied up several times and came down before the bull run came in and stayed for a longtime.

But the bear market of 2018, the price was just falling through out without any little rise that I can remember and so I actually thought that cryptocurrency was dead especially steem, even though I remained active on steemit.

But this past few days, the steem price has been on a rise.

IMG_20190121_193241_127.JPG

Source: https://coinmarketcap.com

I don't know what is causing the price of steem to rise because while it is in the green there are others coins in red, even bitcoin. Well, seeing this is reassuring to me that steem and cryptocurrency are still alive. 😄

@yaanivapeji

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STEEM is at a low price point. This while the chain is actively used. It was bound to bounce upward at some point.

Exactly.

We (Steem) are much better than all these other rubbish coins :)

Hahahahaha!!! True. Our community is the one doing the magic.