Why I'm buying Steem and other Cryptos

in #steem6 years ago

Markets are a sea of red right now, and I'm not just talking about crypto.
Currency markets in general, particularly Emerging Markets have fallen a lot against the US$.
Some fiat currencies of big economies including Turkish Lira and Russian Ruble have fallen as much or more than Bitcoin.

At times like this its always important to focus on the fundamentals of what value a crypto platform (or country) is actually providing.

Steem rates highly on this measure. Big improvements in Dtube and great competition from DLive are very positive for Steem overall, especially with video creators looking for alternative from censorship.

Steem is the biggest decentralised content platform at the moment, much bigger than Bitchute, Minds and other quality projects. It is also diversified with multiple popular applications on the Steem blockchain - Steemit, Dtube, Dlive, Busy etc

The Alexa ranking of Steemit (alone) is misleading because these other Steem platforms contribute around 20% extra visits to what Alexa shows for Steemit alone.

Hopefully HF 20 will be positive and bring in new users discouraged by the slow signup process.
things are looking looking positive for the platform as a whole.

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