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Should people invest more on steem and dump bitcoin? by iyanfunfun

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· @iyanfunfun ·
Should people invest more on steem and dump bitcoin?
<a href="https://musing.io/q/iyanfunfun/p3kdavd5x"><b>Should people invest more on steem and dump bitcoin?</b></a><p></p>
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@danfodriver ·
$0.68
Should people invest more on steem and dump bitcoin?
First of all you need to understand that bitcoin is more popular than steem and it is also ranked higher than steem on most exchanges including coinmarketcap.com

I believe that there are more investors on bitcoin than steem,i might be wrong but that is just my own observation concerning investment on bitcoin and steem,i do not think it will be easy for people to dump bitcoin and want to invest more on steem

I feel it will not be easy for them to take such decisions because even the bitcoin price controls the price of most cryptocurrencies,wheneve the bircoin price is higher the other cryptocurrencies tend to go higher too and when the bitcoin price goes lower then the price of most cryptocurrencies goes down too...steem is a good cryptocurrency that is good to invest on but expecting people to dump bitcoin and invest on steem might not be very realistic,don’t get me wrong,yeah it is possible for people to do just that but it just a probability
👍  , ,
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@ionutciobanu ·
Should people invest more on steem and dump bitcoin?
yes steem is the power
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@pranithreddy · (edited)
$0.20
Should people invest more on steem and dump bitcoin?
Thanks for the question :)
First of all rise or fall of investors of coin doesn't depend on a small community and it depends on people through the world.
Steem of course has many factors which would make it as one the best coin in future(faster transaction is one of them).
But people are acquainted with bitcoin and it occupies the highest volume in terms of dollars.
If some think of dumping the bitcoin then some other would plan to pump it. Dumping it all the way is not possible faster.
Moreover many people are not exposed to steem and also it isn't listed in many exchanges. But because of steemit and other platforms many are filling their pockets with steem.
**Bitcoin is limited and  steem has infinite supply so bitcoin would never go completely down until is crushed worldwide.
👍  
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