Although, I tend to stay positive during such dark times, I do believe it is time to call a spade a spade, and call this cryptocurrency market condition a full blown crash!
Simply tap or click here to enlarge the image above.
Losing 8 to 10 percent per coin and token a day for a period of days was one thing, but today we are losing over 20 to 30 percent per coin and token, and the overall market cap is valued at around 280 billion at the time of this writing, which means we have lost over 550 billion dollars in just under a month.
A fucking month!
Anywho, there is thankfully a silver lining to all this, which are as follows:
- When the dust settles, we will be able to buy what ever we had our greedy hearts set on, at the lowest possible price.
- All of the lending platform scams, and cloud mining services will go out of business, which is a good thing for everyone.
- You will finally stop seeing Tai Lopez and Craig Grant every-time you try to watch a fucking YouTube video!
- The old world media can stop pretending they know about cryptocurrency, and start reporting on other things they don't know about, like they used to.
I know this isn't what you want to hear, but it's the only positivity I have left to be frank.
Oh, and I myself won't be going anywhere, because I truly believe in Steemit, and the currency of Steem, so I will be writing as often as I can, as I always have, no matter how much I am getting, if anything at all.
I started my adventure here on Steemit with the mindset that I will post, and only post about the things I am passionate about, and if people want to pay me for it... even fucking better!
Although, I expect many out there to feel a lot differently than I do, and expect them to start leaving the platform, due to a lack of monetary incentive.
Sadly, I already see this happening over on YouTube.
Now that the party is over, a lot of these peeps are no longer posting everyday, and could care less really... or so it would seem.
Plus, once I saw Richard Heart, a compete shill for Bitcoin turn his back on it... I knew shit was about to get ugly.
Anyway, I won't keep you much longer, because I'm sure you have some more hairs to pull out, but please try to look at the positives of all this... even if they are but a few.
