I've been listening to people whine about price drop, I've also been listening to people cheering for the "moon"ing event many times over the years, especially in #steem #blockchain this seems to happen a lot often, partly due to the fact that this is a social network platform.
There has been a lot of guessing going on everywhere, why the price hike before the #tron, was it due to BTC halving? Many of these guess has a fair share of theory to support them, and I don't deny it. The funny part was, I don't really feel the pinch from it at all. Moon? Where is the moon?
First of all, nobody been to moon, except for the fact of dozens astronaut landed there with spending of trillions space exploration budget. So, crytocurrency does exactly the same I believe. There's only handful of people manage to land their craft there at the moon. Some went all the way, touching the moon low orbit and gotten a ricochet and slingshot them back to earth. Some even worst, gotten slingshot to the wrong direction and is now heading out of the milkyway.
Dude, #davidke20 you're insane, just like the milkywayman. Wrong buddy, I'm not insane. Its just that I was borned in the Steem Moon. Those who came from earth, they know it's tough to get to the moon. If they gotten a ricochet, they don't mind to come back to earth, pickup a supply ship and head to moon again. But for me, when I look at the price of SBD and Steem.
Seriously, the pricing literally looks like a ricochet of people throwing pebels to the river. The bounces are getting weaker and smaller everytime it went YoYo for awhile due to anything special. To me, no news is good news, be it in reality, in financial industries, in crypto currencies world. Remember, I was born in moon. When I started blogging, SBD was $2, and it went doubled in less than a week to $4 and continue it grows to an extend of $14, and dropped all the way to $0.32.
So, take a look at the rate this is going, the bouncing rate seems to get absorbed by earth, and the pebel has a good chance to sink if it stop bouncing. Don't need to go all excited if SBD hits a dollar. I'd be happy to hear if it goes beyond and break the record of it's all time high at $14, then I truly believe there is hope in it, be it #steem or #tron that is going to win in the end is us.
Having said that, there is no moon unless the price breaks the all time high. I'm not too worry just yet. If it has to go to the moon, be sure you know how to land. Otherwise, no need to keep on shouting moon moon moon when SBD only touching a dollar.
Source from Pixabay
