Question answered on Musing.io by jassennessaj

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· @jassennessaj ·
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properties (23)
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json_metadata"{"appParentPermlink":"f3wrzedkw","musingAppId":"aU2p3C3a8N","appTags":["steem"],"appDepth":2,"appBody":"<p>There might be but for me personally I don't think HF20 has created a decline of the price of Steem at all.<\/p>\n<p>The main reason was first, BTC (and the overall market) has been in a continuous decline this year from the peak $20,000 down to $3,300 now - imagine that decrease. So, all of the Altcoins are affected now (even etherium from $2000+ too $88 now). &nbsp;and Steem was no exception there.<\/p>\n<p>For HF20, it has even made the platform become more organized and stronger. The curation rewards suspension and changing from 30 to 15 minute curation window was loved by the community.<\/p>\n<p>The introduction of Resource credits system paved a way to solve account creations. We don't have no problem now in terms of onboarding new potential users, thanks to dApps who were claiming discounted accounts and be able to use it for their participants.<\/p>\n<p>I'm personally excited to see the upcoming changes. The bear market and FUD's can be ignored and this is the best time to accumulate Steem. Mark my words, this is the best time to accumulate Steem. Later, you'll come to a point that you'll realize Steem is difficult to buy anymore.<\/p>","appCategory":"steem","app":"musing\/1.1","appParentAuthor":"ijoel","musingPostType":"answer","appTitle":"Is the decline of price steem caused by HF20?","musingAppVersion":"1.1"}"
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vote details (6)