Post
Topic
Board Altcoin Discussion
Re: How and why Steem failed ?
by
Patatas
on 26/08/2016, 17:34:13 UTC
At some point, everyone was talking about it, I've even seen people in the introduction section writing how they quit their full-time jobs, etc... just to stay with Steem and now, It's pretty much gone with ~100m $ market cap while It was almost 300m $
What goes up Must come down!

Let's not discuss big bold statements like "whales and the steel" or "pump and dump".The golden rule of the market : - The faster it becomes famous,the sooner they leave the trend.It hit the crypto community like a social stigma,like pokemonGo to the teenagers.What was the outcome ? As expected,it wasn't anything great than a poor trolled out meme that exists on the internet for couple of weeks.