In my office we are about 50-60 software engineers of one kind or another.
And we can’t, stop, talking, about blockchain.
It’s a bit of a mystery how this technology has and keeps its fascination to this point.
I started studying Bitcoin after the second big crash in 2014 and I couldn't quite understand even why people even paid a cent to buy a non existent token with no value. Now I think that there is no possible future without digital currencies.
So during this crash I wasn’t too worried because I thought it will end soon and I was ready to new heights.
That, until the McAfee o' Dick meter went red:
I know it’s just supposed to be a joke but I still checked it every day to kind of reassure me, and now the only thing I can think is this
I still hold the conviction that, until mass adoption, the market cap will keep growing in the long term. The main reason being that we’ve seen only a few millions of real crypto holders and we are billions on this planet. Many of us are without access to banking and therefore in dare need of this tech.
On the short term, this is actually a good entry point to buy in, but looking at the low volume of the markets, it’s probably a better idea to wait until an uptrend is established and is actually supported by an increase in trade volume.
Remember that Facebook is valued in the hundreds of billions and STEEM is not even 0.5% of this market. There is still room to grow.
Be patient.
