Why I think 2018 - would be a year belonging to STEEM.
Good morning, Steemians,
I have chosen - to write about STEEM - I do not have to present it to you - more than a half of You - know it better than me. :-)
I guessed?
Fundamental reasons.
The fundamental reasons to buy and keep, use STEEM - it's mainly the development of the community gathered around, for example, steemit, d.dube dlive and other projects.
Number of accounts on steemit - breaks 800.000 (active is - 400.000) And most of account - starts in just last year.
Remember - we are still in beta.
What will happend when we will have 5-10 milions of users?
What will happend when every of Steemians - will choose 10 friends to tell about steemit - and every of his friend will tell only to 10 of his - friends. about this place? We will get more than 100 milions new users - in short time.
We are still in a phase of unknown or a pioneering phase.
If we look at large companies - such as Facebook, Twiter, Youtube, Instagram and a lot of others - all this is here for steemit - all these similar projects are developed by our community.
The market potential is ... enormous.
What is main difference
Why this technology is better? Main difference is that WE USERS - decide what we like or not - and WE USERS reward the author - without an agent in the form of a company.
For example - if you appreciate the work of the author - you appreciate it by giving "upvote". You can also, for example, do a resteem of his post - then - more people will find out about it.
It does not hurt - and the author can get better number of views and more votes - which motivates him to write more about it.
Besides, there are many other ways - to compensate the author - but this is not what this post is about.
Investment for the visionaries.
If you remember - How did Facebook develop - or take a shortcut - watch the movie - think about it - how many previous portals - he denied?
It will simply be a revolution.
You can read also Steemit statistics to know more about platform development. And what is progress... check please profile of @penguinpablo
Steem is undervalued.
If you remember times - when you could buy 2x pizzas for 10,000 BTC ;-) - it was a long time ago - in the first years of BTC's operation. Then think that today - for one BTC (8200 $) you can buy these pizzas over 800.
Steem is undervalued and underestimated by investors.
Behind Steem, above all, is the huge, growing community, among others steemit. But technology adoption can basically take place everywhere ...
A huge piece of cake to snatch - which include such greedy companies as Facebook, Google, Twitter, Instagram and others. Which share profits - only with the owners of the shares, but not with the users they bombard with billions of ads a day.
And the same when it comes to steem - when it costs close to 2USD, to buy one pizza you have to spend more than 5-7 steem.
And soon - it will be so, that after spending 1 steem - we will order 2 or 3 pizzas, and then 10 or 50 !!
It is only a matter of time!
Returning to my analysis.
Looking at the graph - I noticed that the current price - on - is HEAVY sold out. Also on the weekly chart - It looks like a very attractive price (It does not mean that it's a dip - and it will not be cheaper - of course it can)
But if we are focused on a few months or years, that we will gain this investment - This is a great time to accumulate this cryptocurrency. Especially - when it is still so little known.
The sellers - they are very determined ... to sell ... and the price goes down - also the fear of Bitcoin lowers the price of altcoins.
Finally - I will leave you with the words of Waren Buffet - a famous multimillionaire:
Buy when everyone is selling(afraid)
In my opinion - it will be a year belonging to STEEM.
I think that he will gain at least 10x to BTC - so STEEM - will jump into the top Cryptocurrency - in terms of capitalization.
If the price is now within $ 2 - then I see STEEM - over $ 20 - up to $ 30 this year.
This is just a sweet beginning.
Best regards.
Marek
Disclaimer:
Investments in financial products are subject to market risk. Some financial products are highly speculative.
The above post is only an opinion of the author and is of an educational nature only. This is not a recommendation.
Reading this post - you accept it. You also accept that you make investment decisions - independently and how you manage your own funds and act - depends only on you and nobody else.
Great analysis @marekkaminski. I also feel bullish about Steem this year. Two major events are on the way: SMTs and instant sign-ups.
Thank you @ebi16 - I am very pleased with these words - especially that the previous BTC analysis - proved to be accurate. It is a pity that with such a low involvement of the community - I feel sad about it - and you do not know how much - your words - save me.
You are welcome, Marek. I know that feeling. When you put all your energy in it but get almost zero response feels very discouraging and I have felt the same way too.
But just focus on your goal, which is helping people in the way we do. It will bring positive results in the near or far future. Introduce how happy SP holders will be when price gets 100 times more.
I also realized that no matter what response I get to my posts now, I am going to like what I do and believe that it can help.
Have a great day @marekkaminski.