Do You Know The Real Value Of Steem and its Ecosystem ?
Undoubtedly steem has one of the most superior blockchain technology however undervalued at its current price of 8+USD because of the potential of its ecosystem : Steemit , Steem Dollars and Steem Power plus its superior technology as seen in the recent successes of Bitshares and EOS.
However , in reality , many folks are wishing (for now ) for cheap steem price in order for them to be able to buy as many as possible before the price goes to the moon- this wish might not come through because of the ingenuity of steem ecosystem and investors are moving in accordingly–here are some few point:
Steem superior Blockchain Technology: with faster transaction processing time : faster than ethereum and bitcoin combined and home to innovative technological apps : DTube (a video platform) created by @heimindanger , Busy.org founded by @fabien & @ekitcho , ChainBB : created by @jesta , Zappl : developed under the guidance of @thedegensloth and Steemit Inc (plus many more not mentioned here). Importantly, the upcoming implementation of Smart Media Token (SMT) this year will be a game changer :
According to Ned Scott @ned ( Steemit inc CEO) SMT -which is a Token Protocol for Content Websites, Applications, Online Communities and Guilds Seeking Funding, Monetization and User Growth : > will make it possible for anyone to have the power to launch and sell Proof-of Brain tokens, which are tokens distributed by “upvote” and “like”-based algorithms and can be integrated with websites to align incentives and spur growth, while websites are empowered to adopt sustainable, currency-centric revenue models
Furthermore, SMT will
• Increase demand for STEEM as the blockchain's bandwidth token
• Attract new capital to the ecosystem with ICOs
• Tie up STEEM supply with Automated Market Makers
• Create new utility for STEEM with Influence Sharing
• Become a big part of "Steem: the world's advertising network"
** Steemit: The upcoming Hard fork 0.20.0 ** - known as velocity with its 3 main priorities : Communities, Easy Onboarding, and a Mobile Application –will open the flood gates leading to millions of new members in steemit platform. Imagine how many signups we will see daily on steemit due to the ability to create communities (businesses), easy creation of accounts ( and Burning STEEM for Account Creation to Prevent Abuse because presently new accounts are funded with initial steem power ) and mobile application. All these will lead to millions of new members and subsequently, high price of steem and steem dollars (SBD) because demand will surpass supply . Therefore, if you have the cash, buy steem and power up-in order to join steem in its quest to taking over the world.
What do you think? -do you agree that steem is ready to take over the world and are you ready to join the vibe? Send in your comment and please would you upvote this post and resteem in order for others to join the discussion.
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Good job on this text and thank you so much for sharing.
By the looks of it and the present trends, the whole of Bitshares family, which includes Steem and its environment, will see monumental growth over the next year as their technology is still unsurpassed.
I can only agree with you view and, at this point, especially for investors who want quick return, which ones will go up the fastest? They are all a sure investment, BTS, EOS, STEEM and the rest, so I keep referring all my friends and family to the ultimate trifecta of cryptos!
All for one and one for all! Namaste :)
You are absolutely correct my buddy @eric-boucher many of us missed out on EOS and Bitshares last year when they were so cheap...procrastination is so bad..now is the time to act according and follow the crypto trend. Steem ecosystem will rule the world soon...good that we are part of it.
If you think the trifecta is pricy now, wait to see where it is going to be in a year or even ten years from now: Just to give you and idea, they have all started to grow faster than Bitcoin did from the very beginning!
I am honoured and extremely excited to be part of this revolution. All for one and one for all!
Namaste :)
wow, I agree...best thing is to buy as many as possible before mid this year. I suspect each will pass 100USD by end of next year...
I cant login to my openledger account since 2 months ago..account Charles1 - due to the system did not recognise my password again and I did not download or store the backup...meaning that my tokens there are lost...what a shame that the admin were unable to help...this made me to forget investing there and I have some bitshares there. Any suggestion?
I wish! My girlfriend opened three accounts and lost them all already! LOL! I might have been the very last time she open an account with Steem!?!
Good luck with that, namaste :)
Hahaha that is the issue with extreme security...I feel pain daily due to by bitshares there and will never give up!!!! are you a hacker? you might help open my openledger accoun...please!!!!!
Excellent comment from a great steemian. My only worry is in security. So we have plans @eric-boucher for extra security for steemit user like 2FA which I reiterated in my post today? Your thoughts will be appreciated
Thanks a lot for your very kind words, they are much appreciated.
As much as it seems to make sense, I do not know if the 2FA should be used in our case. Maybe someone who is an expert on the security front of our Steemit platform could shed a bright light on the situation. I simply have no opinion on this one yet. It is the very first time I come across this subject here and your article made me wonder.
Equally, every time I see a Google 2FA request, it make me connect the algorithm to GOOGLE! That, in itself , is not inspiring trust, especially on the long-run. On the other hand, our platform and its creators do inspire my trust.
I understand if this comment leaves you thirsty for more, but I guess I am simply not the right person to ask for such an opinion. I am sincerely sorry and by the time your write more about this subject, I may very well have a much better idea, especially if one of our expert comes pipping in! ;)
Namaste :)
Thanks sir for your nice reply and honesty and I hope you follow to keep abreast of same topic. Will keep querying and hope someday soon we have someone maybe a witness look into extra security being that some of us wanna use steemit as bank account savings once powered up. Do you invest in other altcoins? A great new coin is currently on bounty. Updated a post on it
Keep steeming hot sir . Nemaste!
But do we want 'investors looking for a quick return'? I'd rather see people in for the long haul, so I can stop recording my crypto wealth @ -20% as a caution against the instability.
Also, I stumbled across this post on the trending page - while it's useful in that I can bookmark it and use it as a 'hub page' to explore many of the developments mentioned I wouldn't classify it as 'good', more 'quite useful but could be a lot better', and a reflection (of which I am also guilty) of a 'got to churn something out today so that'll do - POST' mentality.
With another day or so spent explaining more about how each of those applications work, putting some aspects of the post in more layman's terms, and correcting some pretty basic grammar and typo errors it could be categorised as 'good'.
I can literally feel this in the way the post is not quite completed properly - and if we had a slower burn rewards system, I'm sure the author would've made it even better! To complete the circle of this comment - some SMT applications will hopefully do just this!
Still, it is useful for me in my exploration of the platform, and on the plus side gives me something to improve!
I am with you on this one! Great idea to see your crypto investments as a -20%, this way, you never take it for granted! ;) Thanks for such a wholesome comment!
Namaste :)
Good point raised..noted.Steem power is meant for long term investors and a win win for all. In addition, most points in this post are explained in detail in my older posts , feel free to click the links and read. Thanks for your comment.
Cheers for the reply - hope my last comment didn't come across as too critical! I just want people to accept that this platform DOES NOT encourage our BEST action. I will read those links, I'm getting to the point now where I'm closing my loop of understanding how everything works here. It should only take me 6 months to write it up!
I always love constructive criticism and thus liked you comment...keep up the good work buddy. I am following you now in order to stay in touch and send in my support.
And feel free to critique, I'm plenty guilty of non-perfection! Will follow back, I'm enjoying actually connecting with people on here. I notice you did and MBA at Warwick, I'm considering doing a (second) Masters degree in Big Data Analytics with them starting next year. In two minds though, as I don't think I actually need the qualification in this brave new social media age.
I think that learning new things is great...continous improvement is the way to more success.
I agree! The potential of STEEM outshines every other crypto!
good point
thank u thats pushing me to hold my steem for long and long
welcome and more success
There’s only one thing everyone here needs to know, and that’s that Steem is extremely undervalued and will be in the top 10 by the end of this year.
Good point, I agree
Very nice post. Potential of steem is veryhigh and very soon everybody in the world know it's potential. According to market rise within two three month steem price reach $100.
Thanks for sharing .
I agree with you, thanks for your comment
$100 in 3 months would be equivalent to almost 10 times growth in 90 days. 1250% rise in 3 months. Now that sounds impossible for now but the world of crypto is such. Anything can happen.
I agree..any thing is possible in crypto world
Informative post for a beginner like me.
welcome
My pleasure ..
this is the chance of a lifetime!
i am so great-full for the opportunity to be involved with this amazing technology from the grass roots!
to the moon!
I agree..a once in life time opportunity indeed.
Steem is the only self-mining tool out there so far and it’s community, developers and potentials keep rising each day. It’s first placement in the market and dedication to continued growth will ensure its... “Facebkk” status for the next decade.
Awesome my buddy @kyusho, I agree with you.
Cannot agree more @kyusho and do u think we need 2FA as more security for our blog space as I reiterated in my recent post?
Wouldn’t hurt...
I agree too buddy...good point
Hello buddy... just read your post helpful post regarding steem .. steem wll be top in list very soon...followed you for more nice post
welcome and feel free to see my older posts for more tips..success to you.
A great masterpiece, give more pls
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