"Technology the unsung hero. All new tech must go to zero. " - @matrixdweller .
As we watch Steem dump yet again I tell you don't lose heart. All new tech does this at some point. Bitcoin has had its ups and long long horrible downs. When a new competitor arrives the question is always "why switch over". Steemit already answered that question. But new tech is subject to hype and fud alike. Fear, Uncertainty,Doubt. The uncertainty behind the timeframe of the next hardfork and the ever inflating number of Steem in the meantime caused this. It does not matter if everyone powers up .While the liquid Steem count continues to increase the supply will drive the price down and the holders of Steempower will grow their holdings faster. Speculators would worry about being dumped on... Now If the Steem were spread thin. To a billion users or more each day. It would be a non-issue. It is simply not there yet. Bitcoin early adopters went through moments like these. Some unknowingly with hardrives full of Bitcoin, to get where they are. Steem on.
