RE: Steem could easily rise 10X today's price within a few months - It should perform better than bitcoin. Steem price compared to bitcoin and future price.
Thanks for this well thought out post. I was especially intrigued by the graph showing how many active users on steemit (I just joined a little over a week ago and I feel lucky to get in at a good time!).
Before joining I had no clue about the transaction fees for bitcoin or lack thereof on steem. That is a game changer! Steem is inherently better and More capable (as you state). But I do see the hype and king daddy status of Bitcoin attracting so many to the cryptoworld who don't really understand.
I can't wait til SBD and Steem are listed on cex.io (or another) so I don't have to trade through Bitcoin. That's annoying and costly as you mention! I'm excited to be a part of this!! And of course I'm telling all my other writer/artist/homesteading friends like me to join! Thanks for the analysis! Following for More and resteemed! :)
@mountainjewel I appreciate the resteem. I hope you like the reward for that! It's fair to say steemit is in its infancy with only 50'000 active users compared to the billions that Facebook has. (they claim 2.07 billion monthly active users and 1.378 billion daily active users).
I am glad you mentioned cex.io. I was not aware of this exchange. I have a good feeling aboiut it and will check further.
For steem and sbd, you may want to check out bitshares.
Thanks for the tip on bitshares and the huge upvote! That's bigger than most of my posts! Lol Crazy statistics re:Facebook and steemit. I'm really trying to help my friends understand they can post and write over here and make money, but old habits die hard. Thanks again and have a good solstice (wherever you are!). I'll be following for more insights ;)
Also, this is the initiative re: cex.io and steem :)
I will definitely petition cex.io to list steem.