Every Day is a New Nightmare in This Hellscape We Call the Crypto Market

in steemit •  6 years ago 

The last month has been like falling out of a tree only to hit every branch between my legs on the way down, crushing my nuts over and over. It just keeps happening too, there's no bottom to the tree. Recently the price has begun to bounce back somewhat, but I'm not fooled. That's how they rekindle some hope just so they can smash it to pieces again.

It's said that in Hell, suffering sinners will be roasted alive until their skin burns away. Then they will be given new skins so they can continue burning. That's how it feels every time the price seems to rebound, only to take another dive. Is there any relief in sight? Or are the greatest fools of all the ones who still hope for relief?

I will forever kick myself for not cashing everything out last December. I remain baffled as to why it didn't occur to me or what exactly I thought was going to happen. Maybe I will still be vindicated? Bitcoin peaked once at $1,500, then slumped for many years before rocketing to nearly $20,000 per coin.

Will SBD or Steem see such a spectacular rise from the ashes? Boy do I hope so. I'm living on savings right now, selling off STEEM for the lowest prices yet, and it doesn't feel good. This is how the rich get richer, by creating hardship that forces those with the least to sell their assets for bargain prices.

What about the upcoming hard fork on September 25th? In the past, hard forks have always resulted in an abrupt spike in STEEM price lasting a couple of weeks. I could surely use it right now. The government let me know by mail that I underpaid on taxes and still owe them about a thousand dollars that will also be coming from my savings.

Pretty soon, between the government and my landlord, I'll have been bled dry, without a penny to my name. Probably that's when the price of STEEM will skyrocket, the precise nanosecond that I can no longer benefit from it. This is some tier 8 cynicism you're seeing right here, you have to train yourself to expect the worst in the top dojos on Earth for 30 years to attain this level.

What does the future hold? Will the hard fork save us? Is there yet hope for the crypto market? Or behind the motorized boxing glove currently punching us all in the face over and over, is there just a long line of more boxing gloves, waiting their turn?


Fuck Everything!

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@alexbeyman,
I also passing a hard time here! Yeah STEEM backed me as well, but now it's hard to earn and I don't want to sell it in this price range! Anyway HF20 is the path to SMT!
So I am awaiting for that and accumulating more STEEM at the moment! Hope we all could see a great future ahead!

Cheers~

Hang on, I did not know that the price tends to bounce after a HF but we so need that to happen. I hope we are finding a bottom, I too look back to last Dec. and at the moment Steem/Steemit is the only Crypto I can make any profit with.
Resteemed 🙃

It's gonna BLOW!...:)...

Many of us are like you, selling and bleeding little by little with these low prices. This encrypted market is proving us, this is the moment where only a few are hopeful and present.

  ·  6 years ago (edited)

There is no consolation for the price shock.
But the night is darkest before dawn And- Steemit is a vibrant growing community!
If only survival was not so difficult.
A note- The USD is propped up by BIG Banks and Sanctions so one more shock is in the offing.

I'm not getting my hopes up for a price spike due to the hard fork but it wold be nice. I think the crypto market is in a similar correction to what happened in 2014-2015 so we could potentially be in for another year of this shit. I think that once we are through the correction we will have another big run up though.

I am also experienced with the blows to the nuts. Here's just one small
one. We actually were going to build the house last year but the twins came and for the first few months we were literally getting maybe 4-5 hours of sleep broken up into chunks. I was just too tired to deal with it all.

Well lumber has doubled in price for us here in Canada since last year. How's that for a kick to the balls.... It's a good thing that lumber is only about 10% the cost of a house. Still, it is thousands of dollars.

Damn, sorry to hear that. Still, it's not an adventure if nothing goes wrong.

Thanks man, it's all good. Definitely been a challenge but it will be worth it in the long run!

We have hit the bottom.
With everything going on in our own little steemiverse, I think we will see an up tick soon.
Remember last year?!? It felt like Snoop Dogg showed you your winning showcase.
That's how it'll be in a few months time.

B E L I E V E I N S N O O P

More than a prediction is a hope, These prices will rise and these difficult times will not return, they will remain in the history with a bad weather that will not return.

I think that the market is very overinflated and it's drawing the wealth out of everything in weird ways. I think steem will have another resurgence but it could take a month, a year, who knows.

On a side note I do really appreciate the upvotes you've given my blog recently, it has helped out immensely so thank you.

You put effort into your comments. They are usually either funny, thoughtful or both. I appreciate that.

It doesn't look good.
I sure hope the price goes up.

Sound like a good time to fire up the olde flame thrower and vent.

I am glad I don't have to sell any, I am going to buy some I think it will go up, maybe not soon though. Living off Steem sounds great when it's 5 dollars, now it's poverty.

Maybe investing in other businesses will be cool, instead of relying solely on cryptos. This will help ease the stress faced in the bear market.

I am writing for Medium.com now and slowly accumulating followers. If I can attract as many followers there as I have on Steemit, my problems will be solved.

OK. I would be checking out medium.com soon. It must be a cool site.

I understand your hopelessness and annoyance, @alexbeyman. I think many of us are like you. Seeing everywhere like a fan! I've read lately that this is not the best time to sell but to buy. The detail is how not to sell if we need money? And how to buy, if we don't have money? It's a dead end! Imagine people who only live from what they do around here and who help them survive! I hope we get to the floor soon, because the law says that when you hit bottom, all that's left is to climb! Hugs

really, at some point things in that direction don't seem encouraging but we have got to push on

More than bitcoin steem has gave me lot more pain expecting 4$ from steem again.

Do you know any Steemians who live near you? If I lived near you I would certainly buy some STEEM from you at better prices than you can get elsewhere.

No I don't, but I appreciate the sentiment. :')

More ups and down are still coming, brace yourself bro, we will still get punched over and over again, hold on tight, only this makes a crypto man, know for sure.
Take more punches for Steem spikes commeth in the morning.

It is understood to have seen a great post. The pictures are very beautiful. Thank you

  ·  6 years ago Reveal Comment

#GTO binance

Buy : 900 - 864 - 819

TARGET 1 : 0.0000955
TARGET 2 : 0.00001000
TARGET 3 : 0.00001220