This is a short rant about the drop in price of SBD and STEEM, which I feel is a very short term drop. I feel like there is a coordinated effort by mainstream media and central banks to discredit crypto currency because they fear the technology. Especially stuff like steemit that would put social media onto a blockchain where companies like Google and Facebook would be unable to secretly manipulate views, and shadow ban people as Twitter has been caught doing. If Social media platforms were on a blockchain like the STEEM blockchain that would end all the nonsense, so of course the control freaks fear the STEEM blockchain.
With so many people fleeing YouTube and so many new people advocating for Dtube (a steem blockchain application), you would think that the SBD price would be going up not down. Also even mainstream people like John Oliver are doing hit pieces on EOS (I am planning on doing a response video to this), which should make more people want to invest because if John Oliver says one thing, the opposite is always true. Same goes for fraudsters like Jamie Dimon.
When I made this video SBD was selling for 1.54 on Coin Market Cap right before I went live. The price as of writing this description for the video is now 1.99 per SBD. Of course you have to think, 1.99 USD = 1.99 silly fake FIAT currency. Would you really trade your STEEM for that? I am not giving up any STEEM power for a mere 1.99 USD. So I would say, the value is still too low even at 1.99. Keep in mind STEEM is the fastest and biggest blockchain in the world, and EOS when launched will be able to do everything Ethereum does but better. Ethereum has hit prices as high as $1,100 per coin from what I have seen.
SBD Price on Coin Market Cap: https://coinmarketcap.com/currencies/steem-dollars/
With all these people fleeing to Steemit / Dtube / Dlive and whatever else comes up in the future. With the launch of EOS and smart media tokens looming, with the future of crypto currency looking brighter than ever. I would say there is a golden opportunity to get into STEEM /SBD at a low price, much like when BTC dropped to around $300 USD then about a year later was selling for 19K USD per coin.
None of this is financial advise, just my opinion.
Thanks so much for watching this on DTUBE!
24/7 Discord Chat: https://discord.gg/qukGpA6
Be like Marty McFly and Donate Crypto to me via:
Bitcoin: 1No8uLp6VYLNKNggSteHt3w4LzeMkq2PoJ
LiteCoin: LQeFWvanKSezZqtDRukg11ZciHQDoQQ5Qb
Mine Crypto Yourself easily with Minergate: https://minergate.com/a/6a4315d4a78d9204197c9bb6
Join CoinBase (buy and sell crypto currency for USD / fiat currency): https://www.coinbase.com/join/57f28268eac8836245661769
