Crypto Diary #3 - 2019: A difficult year...

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(Edited)

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Looking back on 2019.

From December 2017 to 2019, a lot has happened.

2018 was a year of intense drop in the price of bitcoin, after the historic high in late 2017.

Even so, the cryptoactive steem still kept a good price at the beginning of the year. Then he went into free fall. But there is always an expectation of a return to the growth of the crypto market.

Frustrated expectations in vertiginous falls of the main crypto, and the steem in that boat.

Ned ceased to be CEO, staying more behind the scenes. Political crises between major network developers (witness) and Steemit Inc (Ned) have become more tense.

I was always expecting the SMT to start operating, the team at Steemit Inc had been bringing some news.

Many blockchain development teams have delayed their roadmaps, Steemit Inc too. However, they brought that they were working on advances and restructuring the company in the period of crisis.

The Steem blockchain now has the ability to create tokenized groups or communities, with its own assets, taking advantage of the possibilities of stake and "mining" through the production of content.

Hivemind, MIRA, SteemMonsters (today Splinterlands), Steem-Enginr and other dapp's showed the potential of the platform Steem.

This gave a breath to the community that awaited the warming of the crypt market, and signaled that the SMT could come at any time.

Still, many people stopped posting with the steem price dropping more and more. What was done in 2018 was left behind.

2019 was a difficult year in the crypto world, and at steem even more, however I continued with some hopes of what was to come. After all, since I joined I had in mind that it was a long-term investment.

Until news came out that Steemit Inc had been sold to Justin Sun. But by the end of 2019 nothing had been made official. New uncertainties.

And 2020 came, a year of twists ...

Until next posts!


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Matheus Guimarães
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