Why do you believe that STEEM has a better chance to increase your investment compared to EOS or other blockchain projects? In the time that I have been on STEEM since July of 2016 it has fallen from #3 on CoinMarketCap clear down into the 50's. The economics of the system make it a death sentence in a bear market. It can't keep up with the DOGE!
IMO, Ned was too focused on trying to create the next big thing with SMT's when he was already sitting on what is finally being embraced, the fact that this blockchain is a dream for a wide variety of apps and games, such as steemmonsters and drug wars.
Even if you dont like the games(I actually am in love with steemmonsters), they are going to lead the way in showcasing to other businesses what this app can do, which will naturally drive demand for Steem up. Up until this point, demand has only flirted with passing the inflation, but those days are over. Hang on for another month or so and you will see.
Steem is back to #43 in market cap and will be back in the top 20 soon!
It is pumping well. I'm up on the EOS I moved it into. I don't have access to my Active keys while in Thailand but we will see how each perform after one month. There is twice as much Steem being sent to exchanges than steem being sent from exchanges so there could be a lot of sell pressure loaded up
I'm not going to bet against STEEM because I have a solid position but for myself I would be at peace if it can climb to $1 and I can get the majority of my funds out and into other projects.
If I wanted to gain more relative power it would make sense for me to even go to WhaleShares and be a bigger player there.
The safer route is stacking as much EOS as possible and trying to be a bigger player on MEOS when it comes out
Why do you believe that STEEM has a better chance to increase your investment compared to EOS or other blockchain projects? In the time that I have been on STEEM since July of 2016 it has fallen from #3 on CoinMarketCap clear down into the 50's. The economics of the system make it a death sentence in a bear market. It can't keep up with the DOGE!
IMO, Ned was too focused on trying to create the next big thing with SMT's when he was already sitting on what is finally being embraced, the fact that this blockchain is a dream for a wide variety of apps and games, such as steemmonsters and drug wars.
Even if you dont like the games(I actually am in love with steemmonsters), they are going to lead the way in showcasing to other businesses what this app can do, which will naturally drive demand for Steem up. Up until this point, demand has only flirted with passing the inflation, but those days are over. Hang on for another month or so and you will see.
Steem is back to #43 in market cap and will be back in the top 20 soon!
I wasn't wrong.
It is pumping well. I'm up on the EOS I moved it into. I don't have access to my Active keys while in Thailand but we will see how each perform after one month. There is twice as much Steem being sent to exchanges than steem being sent from exchanges so there could be a lot of sell pressure loaded up
Posted using Partiko Android
And lots of steem being powered up!
Obv EOS is in the family but shorter term steem is gonna be leading all of crypto........long time coming tho that is for sure!
I'm not going to bet against STEEM because I have a solid position but for myself I would be at peace if it can climb to $1 and I can get the majority of my funds out and into other projects.
If I wanted to gain more relative power it would make sense for me to even go to WhaleShares and be a bigger player there.
The safer route is stacking as much EOS as possible and trying to be a bigger player on MEOS when it comes out
Posted using Partiko Android
It was indeed!