If you remember, a few days ago I mentioned there wasn't much price talk about STEEM, and that was good, because we can focus on building.
I see price talk again. Reason: STEEM breached the 50 cents barrier in quite a sharp spike (but the price has increased for a while).
I admit: I don't follow STEEM price regularly anymore. I just hold my STEEM, and add to that stake what I can (some of which I distribute back in my monthly giveaways).
I did notice the vote worth increased over the past few days, but even then I wasn't really curious to see the price of STEEM. What good would it be for me? I don't have liquid STEEM to trade and whatever the price swings my STEEM Power remains constant or rather increases (in STEEM).
I do check out the prices of other cryptocurrencies regularly. The ones I trade. But those I do not hold.
In the cryptosphere, I made my base here on Steem. That's what I hold. I can't follow multiple projects simultaneously. I have no energy to spare for something like this. On the short term yeah, I get interested in news and ride the waves when something major happens elsewhere and I find out about it soon enough. Otherwise I stick to my base - Steem.
There are plenty of projects to follow on Steem. I surely haven't heard of all of them, not to mention know details about them.
Otherwise 50+ cents sounds good. It has brought us to the 35th position on coinmarketcap.com at the time of writing this. The higher on this market cap ranking too, the better for our visibility to those with lots of money at their disposal.
Kudos to our community, our dapp developers and the Twitter 'task force' for likely having a big contribution to this price increase! Let's not forget Steemit, Inc. too, they made some good things happen lately, which mostly likely got noticed.
