Possibly because our small echo Chambers don't allow us to be too alert, some of us, and I will include myself in that group, believe that development has stalled considerably due to the bear market, but is this really true?
Since I spend hours on the road, one of the things I've been trying to do, is to listen to opinion makers, podcasts and YouTubers every day who focus on cryptocurrency. Yesterday, as I was listening to crypto zombie (much recommended) he was reading from an article that showcased some of the building that has been happening behind the scenes and went as far as to say that many projects have not launched, simply because it's too easy for them to flop in a downtrend market, hence they are waiting for the right time to do so.
I guess this is completely plausible and if I was behind a big project, one that secured a lot of funding to get it's legs, I too would try to time the launch to better coincide with a change in the wind.
Today, as I was getting ready to write this short post, I found a post written by taskmaster that somewhat confirms this very premise. Wherein, a new dapp on Steem, a dapp that has flown under the radar for many of us, and one that has tons of potential.
What does this mean? I don't really know, the positive action of the steem token might have something to do with the timing, and maybe this is the change of wind direction we've all been waiting for.
That being said, it's hard not to get excited about this, just looking at it's potential.
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I had read the post already and was delighted with it. Every app and success like this should be celebrated as combined it is what will bring mass appeal and with it a better and more valuable eco system. Mow all we need is the new board to help push the development and marketing for the new year and get the chain set up for everybody.
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Hey, @meno.
I guess, it comes down to our perspective, right? What we know, and also what we don't know, tends to color how we see things. The more we know about what's going on, the more we tend to be enthusiastic (even with the downsides). The less we know, the more we tend to be apathetic, or anxious. It's not always this way (people can worry incessantly about what they do know as much as what they don't know, more even), but in my mind, I'd rather know what I'm up against, know what I can do about it, and then let go of the rest.
The last ten or so days have been encouraging with the market. It doesn't appear to be a simple pump and dump, like so many before it. So, who knows, maybe STEEM is rising again, and going against, or at least outperforming, a lot of the market.
Maybe there are more dApps in the wings, waiting to launch. Maybe some of them will actually be game changers. In the meantime, what I feel I can do about it is to continue posting, commenting and curating as much as I can for as long as I can (or the ability to do so exists), and go from there.
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Our blockchain is one of the better examples of how development has continued the last year whereas not only did we have a hard fork but also a large expansion of Dapps across thr ecosystem! All this despite the bear market! Imagine in an uptrend!
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By me reading some various post on this steemit have helped me to improve my knowledge about Cryptocurrency and I can not be grateful
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Year of the 🐖 pig very auspicious to launch dapp
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so we going to chinese moon ?
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Right timing? I think it can be very difficult to predict trends at the moment due to the numerous factors in play.
There's this Jewish proverb that says that he who looks at the weather will neither sow nor reap
I'm in no way negating the right time concept but I'm just saying that it is pretty difficult!
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Thank you so much for participating the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!
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Hi @meno!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 6.158 which ranks you at #258 across all Steem accounts.
Your rank has dropped 1 places in the last three days (old rank 257).
In our last Algorithmic Curation Round, consisting of 203 contributions, your post is ranked at #9.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
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