Steem is going up!
AFTER WEEKS OF DOWNWARD TRENDING, STEEM FINALLY BREAKS UPWARD
There has been plenty of rumors and “FUD” surrounding one of the newest coins breaking ground in popularity, the coin STEEM & it’s growing social media platform SteemIt, but just today, it finally started to prove that this system can work, once it finds level ground.
What is the secret to STEEM? We will have to wait and see, but with growing concerns of FaceBook and Twitter using spyware, cookies, and many other quasi-malicious ways to track and manipulate their users for advertising dollars. I think STEEM has some potential, and competition with the soon-to-be-released Synereo may create a competitive situation that will push these platforms into the realm of the FaceBook & Twitter levels of functionality.
One feature that I think could make it a lot easier to navigate and find what you’d like on SteemIt is a “groups” or “communities” function. This could bring some life and clubs and even private markets, etc., but then, moderation may be difficult.
I still don’t fully understand how SteemIt works, but the site doesn’t require any knowledge about Block Chains or Cryptography, and that’s always a plus. Adoption is difficult without highly technical knowledge for most new coins these days, but not for this wallet or this decentralized social platform.
It is nice to know that whatever STEEM I have is worth a tad more than before.. even if its after a long downtrend.