Well it was fun while it lastedsteemCreated with Sketch.

in steem •  last month 

I got all excited about the steem pump, but now it's mostly gone already

It was fun while it lasted but now my beloved steem pump looks to have mostly taken back all the gains.

Yes, we are still sitting above where we are, so that is good I guess.

But other than that, it gave it all back even quicker than I expected.

Bah humbug!

As I type this, it looks like steem is back to around $.167 or so.

Higher than we have been, but a long ways off those $.20's numbers I was enjoying seeing.

(Source: https://coinmarketcap.com/currencies/steem/)

Oh well, hopefully that was just steem waking up and just the beginning of things to come in 2020.

What do you think?

Was this a flash in the pan or a sign of things to come?

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  ·  last month Reveal Comment

And what market is there for those 70 other coins that have higher marketcap than STEEM (besides BTC, ETH and few others of course). 90% of them don't even have a working product.

Anyway, you partially right (because there's always speculation, dapps need STEEM to run their services etc.) but it doesn't mean that it won't change in the future. In my opinion we need we need some proper ads system so content creators can use their blogs and reach to monetize their blogs. All paid in STEEM of course.

BIngo. Nicely said. Now how do we make things like this happen?

We need js dev with some free time - something that does not exist in our world :D

What happened to people building things because they were passionate about them? Build it now for free and let it turn into a behemoth. All these guys want salaries.

And you'd be wrong on both accounts. Steem climbed while bitcoin was flat. It was very steem specific.