Top Reasons steem will becomes a major currency in a years to come
Steemit is a geat projects. When I first introduced to Steemit I was quite skeptical about steemit. A website will rewards you just for your activity. It was unthinkable because no one does this before. Youtube paid you for your content. But there is too much restrictions on youtube. It is now even more difficult for a newcomer.
On the other hand, Steemit is a great platform which pays you from day one, If your follower or other steemian likes your content. Steemit - A decentralized reward based social media. Steemit is the first and best social network that pays its community with Cryptocurrency. STEEM is the native token for Steemit platform. Steem can be transferred and converted to other cryptocurrencies anywhere anytime.
In terms of price, Steem is a undervalued coin compared to other currency. Steem is the most active blockchain about 48% of all blockchain activity.
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This is why your friends and family member should join Steemit
Steemit - A decentralized reward based social media. Steemit is the first and best social network that pays its community with Cryptocurrency. STEEM is the native token for Steemit platform. Steem can be transferred and converted to other cryptocurrencies anywhere anytime.
You can keep STEEM on the Steemit platform and Powering Up your STEEM to STEEM POWER. STEEM POWER provides you more strength in this platform.
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I am extremely bullish on Steem in social media, for content monetization, as video platform ect. but it is simply not a good currency. The inflation is simply to high while there is a lot of volatility. I think that the volatility is leveraged by inflation, so huge drops can appear when demand temporarily dries up.
When you use Steem in the platform this doesn't matter, because one Steem is still one Steem and when you are bullish on the future you know you can sell your earned Steem for a good price later on. But as a currency it is simply not good enough to compete with BTC when scaling has improved. Use Steem where it is created for and do not wish it to be something else!
Extreme Volatality is a major obstacle to become a currency
No doubt about it.
thank for your reply and hope you will visit my blog regularly
Steem has great future
happy to read your post. very good explanation
Huobi pro is going to add steem. Steem price is up now.
Steem has a great future. tps is greater than anyother blockchain projects.
totally agree with you. Steem blockchain is the least used blockchain till now
Wonderful photo..i appreciate this valuable post..
mdismail thank you for your appreciation
Most welcome dear...
You got a 2.88% upvote from @brandonfrye courtesy of @steemero!
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You got a 3.47% upvote from @brupvoter courtesy of @steemero!
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Nice post and write up
Thank you for your appreciation