I can understand why people get down.It's not natural if your account halves in value in the course of a week. Last week at 80 cents and some users were still unhappy. Fast forward 7 days and I wander how they feel now. When I need reminding and a kick up the butt ,I write these short pieces. It helps as a reminder why we put ourselves through this rollercoaster ride everyday.
We have so much to look forward to and that we must not forget. Since the low of 7 cents so much has changed,the early accounts have seen a high of $8.18 which attracted tens of thousands of users. Steemit witnessed a type of gold rush, bid bots appeared and everyone was fighting for their cut of the reward pool.
Since the magical high we are now experiencing the opposite, and have for three or four months now. Users have left and abandoned the platform in their droves ,the price has plummeted by around 2000 percent. We survived a Hard Fork and now have RC's. It's not all doom and gloom though. It sounds as though the platform is failing but we know the truth.
We are growing and accumulating Steem at quicker rates than ever. Resource credits haven't really affected anyone who managed to grow in time. Smart Media Tokens are around the corner. Dapps have launched and have already started establishing their own communities. It is fantastic and better for all of us that stayed. That is a lot of changes for one year. It is all forward development, and we are not standing still.
We all want the same thing and that Steemit is a success and Steem goes through the roof one day. It would be great if it waits a short while so we can all gather and pick up just a bit more Steem. We all know that this place will go nuts again and it's just a matter of time.
Image source positivityblog.com
I guess we should enjoy the quiet before the next wave of fresh weeks washes over our shores (-:
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What's clear is that there's a lot of the expected "sky is falling" type of talking going around. Some people get frightened and dump their stake while those of us who see value in the platform carry on while worrying to a lesser degree.
Cryptos are just like every speculative market. They ebb and flow at unpredictable rates, but over time, the market grows and expands. There will be winners and losers along the way, but the assets that bring value—true value to their users and the world around them always win.
STEEM is a truly one of a kind type of asset in the sense that it's got the user base and a clear direction to grow into.
It's not going anywhere.
Posted using Partiko Android
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I love your reply!
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Hey! Thanks for the love, and for the upvote! 🤙
Posted using Partiko Android
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Steem is still proof of stake.
I have more coins in every day, than the previous day...
I know, this math is too simple for some people, but hey, the world is big, we have enough space for everyone :D
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Thanks for using eSteem!
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When times are tough people should just look at all the steem they pick up for posting when it's so cheap. In the summer people were complaining that they would never be able to earn much steem because it was worth dollars!
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Those people are never happy. Just grateful for whatever comes my way everyday.
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You got a 9.84% upvote from @ocdb courtesy of @cryptoandcoffee!
@ocdb is a non-profit bidbot for whitelisted Steemians, current max bid is 20 SBD and the respective amount in Steem.
Check our website https://thegoodwhales.io/ for the whitelist, queue and delegation info. Join our Discord channel for more information.
If you like what @ocd does, consider voting for ocd-witness through SteemConnect or on the Steemit Witnesses page. :)
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I just grabbed a few more steem sbd, this ain't over and I know it!
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Hi, @cryptoandcoffee!
You just got a 20.09% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.
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I treasure my steem now more than ever actually. It pains me so much that I have to use that power down button to pay a loan from neoxian, this is the wrongest time to use up hard earned steem.
I'm not sad about this dip, I'm so sad I have to touch my sp.
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Hi @cryptoandcoffee!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 3.672 which ranks you at #5296 across all Steem accounts.
Your rank has dropped 12 places in the last three days (old rank 5284).
In our last Algorithmic Curation Round, consisting of 404 contributions, your post is ranked at #74.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
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A king wouldn't spell a tag wrong!
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