With SBD missing, more Steem are being created daily, and its liquid Steem, making more supply of Steem, with this we can clearly see a market of excess supply low demand making the price fall, once in a while price might go up and then that happens we see more seller trying to sell pushing the price low.
With how things are, I doubt we can see the price go up anytime soon..
We need SBD back soon.. but what if SBD go missing permanently..
The only option now is to wait to see how the hardfork and SMT plays out..
Can this platform attract big institutional investors who are not only interested in fast ROI but comes up with good solution to develop more applications using the full potential of the blockchain..
And needless to mention we need to attract more talented bloggers, video producers and more people to consume contents rather than produce..
As I have mentioned many times in the past, we have more writers and very less readers..
Perhaps we can see a rapid increase in the price of Steem
What do you say?
Regards
