RE: Can the Economy Keep up?

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Can the Economy Keep up?

in steemit •  8 years ago  (edited)

price is just too high.

That's the thing, if you are used to the "previous price" you will always think the price is "too high".

I agree though, it does seem too high. But never under-estimate crypto markets. I sold my Bitcoin at $1 after buying it for several cents. Now one is worth $657 and i'm kicking myself every day.

Same with ETH, i moved on, mined 10 blocks in a matter of hours (worth 50 ethereum in total) and turned off my miners as i saw bagholders with 10,000's of eth. Now ETH Is worth $15 each. Had i kept on mining i could be sitting on $1000's (probably like these newly posting users). And this is a coin that had tons of issues, pre sale and has similar number of coins as STEEM In circulation.

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