In the crypto market people will always buy and sell, and won't be seen as people doing something "bad" or "harmful" for selling it. The price of SCR has been falling for over 9 months and this has made us lose many users because of the drop, or probably because they thought the team have given up on the project due to their ceased updates
As Bitcoin surged in the past few weeks, alt coins also plummeted and our so called SCR wasn't left out but at the moment SCR continues to plunge to new lows. We been experiencing a slight slowdown especially in price stability of SCR even when other coins seem to be moving up, and the whole doom and gloom people keep expressing their concern for a better exchange to remedy the situation. Yeah! we all know that an unstable currency is usually pretty unattractive to people, but that's less of an issue because it doesn't necessarily affect those of us who see beyond our noses.
In one of Pete's recent posts, he advised people not to sell their stake yet at ridiculous prices so that the price can stabilize but there's no way we can prevent that from happening. All fingers are not equal and there are users who are in dire need of money to survive their everyday lives and that's why they can't but dump SCR at ridiculous rates which is somewhat injurious to the value of SCR. If they can sell at this rates then it means someone else owns it.
But what do we do?
Well, I believe it's hypocrisy to say you're on this platform not because you want to make some bucks. The truth is, nearly everybody here wants to make money just that we are patient than one another. If all those who are not looking in the future of the platform decide to sell off their stake at ridiculous prices, it will although put a downward pressure on the price of SCR but then, thousands of other users will be able to buy it at cheaper rate which will in turn bring more decentralization to the power structure of the platform
As a person, I only know a little about crypto but I think the Scorum platform doesn't really need 50 rich whales with all the stake that will make it more centralized but 5,000 or 50,000 users with stake that will make it decentralized instead.
I have a strong feeling that SCR is one of those coins that will survive this bear market. It's not a scam or something but very legit because it tries to solve real world issues especially in the betting and sports world, and why its future lies in our hands (and not the team alone) even though the value plunges way deeper than we can ever imagine.
This morning I woke up to see that SCR has plunged to a new low ($0.028) and I think now is the right time to go long on SCR for those who believe in the future. While other keep wailing about the price this is the right time to accumulate a lot of it 🤑
I drop my pen at this juncture. I don't know if this post makes sense at all
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