Remember times when we all used to say When moon, When Lambo? Ah good old days, but shiiieeet those times are long gone. Bitcoin traders aka Wall Street likes to short this asset with impunity and thus reducing it's growth rate and the growth of the whole altcoin ecosystem.
Remember when we used to say CME futures will be good for the price of Bitcoin? Include those fuckers into a brand new money movement and this is what you get. A squeeze of unimaginable proportions. Shorting this technology is just like shorting the internet, or electricity, you might end up with short profits but you will be remembered as an asshole who slowed down the revolution.
In Steem terms we are now, at least we were few days ago under 10 cents for 1 Steem (once again) that used to be worth 8$. It is easy to say that investing in Steem or any other altcoin was an ultra risky move, many of us were wrong about the prediction that Steem will never go under 1$. Boy were we wrong, a 10x wrong.
However, if you ever thought this place has a future 15 cent Steem and under is an opportunity of a lifetime (once again). I'm certainly buying, I powered up 500 Steem more. Blood on the streets, hell yeah, I'll buy.
I'll buy because we still have one of the best crypto communities in all of crypto (some assholes are still here though), we still have the best blockchain game called Splinterlands, we have more curation if you want to be a content creator, we have more power ups, we have more usable apps than any other crypto. Soon the communities will be live, soon SMTs will be live. Frankly if we go down more, bring it, I'll buy more. It all depends on BTC in short term, it's all bullshit I know, but that's how this system is rigged.