STEEM Hits All Time High
Some are anxiously awaiting the hard fork of Ethereum this morning. While most could probably care less.
We are 1 hour 25 minutes away from the fork. Why should you care? I'll tell you.
The hard fork of Ethereum is going to allow the release approximately 12 million ETH back to the original holders that exchanged them for DAO tokens. There is a good possibility the newly released ETH may find themselves a home at Steemit.com in the form of powered up STEEM. Yes, STEEM Power.
This could very well push the price of STEEM up considerably, and bring new users to the Steemit.com platform. Pushing the market cap even closer to Ethereum.
So, buckle up. We are going to experience the beginning of many All Time High's in the near future!
Dumped most of my altcoins for steem and steem dollars. I missed the bull run for steem that went over 1000% and barely catched the steem dollars in the few hours after it traded on poloniex. We are hoping for more excitement from steem it. I will hold on for now coz im expecting second wave of the bull run...