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RE: Would You Buy "STEEM" at Current Prices?

in #life • 6 years ago

I am thinking of buying, but not yet. I think it is still going to get worse before it gets better.

Also I am bothered by the lack of vision and SteemIt Inc saying that onboarding the masses is a number 1 goal, but that seems really disconnected from any actual things they are doing. I know Steem isn't Steemit, but they are our largest stakeholder and their selling impacts the price.

It is hard to decide to put money in when the whales are all wanking also. I mean, it's their stake and they can do what they want, but if what they choose to do devalues my stake... why would I want to pile on?

I will buy, I just don't think it is cheap enough yet.

6 years ago in #life by
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         6 years ago 

        Yep, there are issues that definitely need to be addressed. But I recall back when the "big" price rise hit, we hadn't a fraction of what we have now, in terms of community or development. That memory keeps me grounded as I also recall feeling proper gutted that I'd missed the boat.

        Also, I guess at least Steemit Inc. are actually communicating with us about their projects and even financial status. Something that was next to non-existent back then. There is a lot of work still to be done and it depends upon how how faith we have in this platform succeeding or not.

        Just bear in mind that even after all this time and all the drama that's taken place, we're still the only successful implementation of a blockchain driven social media platform. That's pretty impressive in itself, I suppose.

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               6 years ago 

              All excellent points which I can not deny. :)

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