Hi there my Steemian friends and followers!
Steem has been lately hovering around 20 cents, which probably is the lowest price I have seen since I joined this blockchain almost 2 years ago. While Bitcoin is currently at some 3/5 of its all time high, consolidating around $12,000, most alt coins have been struggling really bad.
They say once Bitcoin stops growing, a significant part of the investments will be transferred to other coins but the question is when (or whether at all?) does that happen? I don´t know. However, if the alt season does come, I am really confident that Steem will skyrocket, beating most of its rivals. Why? Well, because even now, in these seemingly endless, super frustrating bear times the engagement and activity on our blockchain is just astonishing. There are so many awesome people creating so many awesome things on the Steem blockchain right now. Soon or later, this simply has to be reflected on the price and reputation of our coin.
What are your thoughts on this thing, my Steemian fellows? Feel free to share your take on it in the comment section below ;)
Thanks to everyone who is still active here. I believe our effort, faith and persistence will come to fruition one day ;) Let´s keep on Steeming guys!
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