I think that will the end of Bitcoin, will end the crypto

@mattclarke, In a way it's really good because in my opinion when something has domination where it's not the only one in particular Economy, then for sure it's important to lessen that domination so that the Cryptocurrency Flow can improve.

Wishing you an great day and stay blessed. 🙂

you might be right, but it sure is ugly

Look @o07 go!  The man is a machine.

<blockquote>
You can only put money into bitcoin, but you can put money and time into Steem; and you can only withdraw the money, which leaves all the time everyone's spent and will continue to spend, still firmly invested.
</blockquote>

This is surprisingly insightful.  Steem convinced me that I needed to learn JavaScript and start tinkering with the dsteem API.  More will follow behind me.  Once we come up with governance systems to bring us together developers can start to scale up and get even more professional grade products released on the blockchain.  

Unlike the corporatocracy we live in today, these products will be owned and maintained by the communities that created them, not some greedy board of directors.

It would be nice to be free of the old chain and ball called BTC. They got greedy and where unwilling to adapt. I got some dust somewhere I cant even send it serves as a novelty at this point if I even kept that wallet.  

Long live the new coin Rustle may he moon soon by being on every continent before being sent into space! #putrustleonthemoon

You are so right.   Steem has is over bitcoin hands down.   Relationships matter and people do too. Bitcoin got destroyed when Wall Street took over the futures market.   That signaled the end.   Now we have hope for Steemit as it has so much more to offer.   Thanks @mattclarke.

While I agree with the advantages of using Steem, I don't think this is the end of Bitcoin. The price of Bitcoin and Alt-coins would increase again in a couple of months. This is a good period of time to accumulate more Bitcoin and Alt-coins.

The ONLY thing i disagree with is that BTC is bad store of value. Researches show that it is a substitute to gold and long-term graphs still are in uptrend (even though today might be the day when it breaks that uptrend - still it’s highly unlikely that we would go way lower than where we are now...no1 ever said that it is a non-volatile store of value correct? but then again who knows...imma stacking up on some of the juicy utility tokens anyway:)

I don't know about Bitcoin except that it is incredibly boring to own. Steem is an investment in myself and everything I achieve here is a milestone that I carry around forever. Like you said, it is all about the connections we make here. 

I think we don't need to worry anymore. For me within months I see bitcoin at a whole new different level. My prediction for bitcoin price within a month or 2 will be something around 12,000$.

Buddy whales are loosing their shortening strength and they have to do long now, minimum downfall we can see till 3,000$ not below that because whales know that below 3,000$ will be very harmful for them. 
As this manipulation has been made for bakkt and I think bakkt to has started taking entries :)

Have a great day 😊 @mattclarke

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![IMG_20181125_175524_374.jpg](https://ipfs.busy.org/ipfs/QmTrBDYPnoNEzcGUJF6tdAyA6z37GP5WQtFEzNbZswPyRA)
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It's me chilling while making a video on bitcoin by the way I'm 16 years old :)

Having a form of money resistant to change in general is valuable. The issue with DPOS chains is that they tie in governance into the foundation of the coin. The problem with governance in an asset is that it adds fragility to the underlying asset. Granted, proof-of-work coins do have forms of governance and consensus over protocol changes, but overtime, changes are harder and harder to make.

One may argue the pros of governance, but frankly I see echoes of the fiat system in those systems that are more reliant on governance processes than stable protocol rules. Bitcoin is boring, but it's secure and elegant. There's value there. Just because it sucks at being as a means of transaction doesn't mean it isn't useful. 

Overall, DPOS chains and Bitcoin aren't really doing the same thing. The two function at different levels. I think that eventually a crypto protocol stack will eventually evolve out of this current period of development. As chains begin to fail, more developers will move to building this stack rather than trying to reinvent the wheel every time they start a new cryptocurrency.

Deep thought my friend. Bitcoin has fallen so badly but i believe it will get back to normal even as other smaller cryptocurrency build strength and becomes independent of bitcoin. 

Although the fall of bitcoin will make people scared of investing into any other cryptocurrency with high prices. People may be forced to either stop investing or take up cryptos that are community-based like steem, whaleshares etc. 

So i am with steem and that is why i post although not getting reasonable payout but that i have made writing my way of relaxing.

I agree....and thanks so much for the mention!!!💞

Counter point : Limited supply , Steem has an unlimited supply !

Your boy has such a cool T-shirt. I envy you for having your kid interested in SteeMonsters... I've tried that with mine, but it didn't work. Looks like I'll have to get in the game myself!

I’m *really* supposed to be working, but I keep editing my post thanks to mistakes and now responding to this.  Excuse me if this is going to be badly written.  

This is a great post, Matt.  Often, I get annoyed with the optimism on Steem regarding the recent dump, or just the general decline.  They always feel a little disingenuous to me in a bid to rally the troops.  But I appreciated this one. Also nice you gave @actifit a mention because I continue to feel it is overlooked a little.  I don’t have the greatest perception of this blockchain myself, so it does continue to make me wonder, if I feel this way, won’t others.  But I remain hopeful, and I’ll continue to hang around to see how things go.  I think diversifying into a bit of Steemmonster will keep me interested too.  

Anyway, thanks for shooting the occasional upvote my way.  It’s noticed and much appreciated in that in doesn’t feel to have strings attached.  It would be an odd comment, but it means something to me.  Thank you also for supporting the Aussies on this platform.  ❤️  I should make more efforts myself.  

Lovely to see your son enjoying the cards, I have to manage my girls’ expectations on the playing.  But eventually I can outsource the playing to them.  Like I have with my Pokémon Go account!  😂

Rustle should definitely have his own card! Lol

The red arrow shows when I posted this; so I feel completely justified in claiming full responsibility for the subsequent rally. 
![image.png](https://files.steempeak.com/file/steempeak/mattclarke/oR4KsGAK-image.png)

I think it is essential for the future if crypto  for BTC to drop below 50% of the total crypto market before it's next major freefall, or BTC will drag the whole market under with it as it goes down.

Wonder and intelligent post.  I enjoyed reading!

Posted using [Partiko iOS](https://steemit.com/@partiko-ios)

Great post. I made it to the end of the comments and other than the butthead-bernie BS it was worth it.
Good conversation great comments and community all selling points for steem!

The advantages of Steem are enormous, it is an ever changing crypto landscape, I love being here no matter the price point. From 7 cents to 8$ back to 7 cents, I don't care. Steem on!