My outrageous claim: STEEM to reach 8 dollars in 30 days, and 50 dollars in 90 days. 

\

It was just a few days ago that a friend recommended me about Siacoin and Steemit as his new favorite cryptocurrencies. Having a lot of time by my side, I spent some time reading about it. SIA is interesting, but its STEEMIT I fell in love with.

SIA is a company in its early phase of setting up a “secure, encrypted, decentralized, customizable, storage system.” The system has like many other crypto-projects the potential to disrupt, and in this case to disrupt the current cloud market.  

STEEMIT is a project that rewards users for blogging, commenting and curating. STEEMIT itself is revolutionary in an already revolutionary world of crypto-currencies. STEEMIT, instead of only mining or using proof of stake concepts, connects the currency with its users by rewarding blogging, posting, and curating. This extra dimension gives it a totally different twist than other cryptocurrencies.    


  THE GREAT FEATURES OF STEEMIT:

1) STEEMIT RUNS ON LIMITLESS FUEL. Human beings are creatures that think and that hold complex values. It is in our nature to express ourselves and to exchange values. Our need for self-expression manifests itself in our need for reading, listening, talking, feeling, etc. They play such an important role in our lives. If STEEMIT uses this human trait as fuel, I believe it will be a fuel that will never burn out. As people are inherently diverse, made up of unique values and opinions, that we will always have the need to express/exchange something from ourselves.

2) INCREASED CREATIVITY THROUGH EASINESS OF CONNECTING OURSELVES. Like YouTube it is possible for anyone to earn money by posting articles or videos on STEEMIT. This increases the connectivity, and so will result in people becoming more creative. Most famous theories and insights have been discovered through creativity – through the connecting of the dots between already available ideas and molding it into something new.  

3) AN EFFECTIVE REWARD SYSTEM TO MAXIMIZE CREATIVITY. STEEMIT allows every person to post. Before, in the era of radio and television, only a select group of people who were well connected, and often (not always) talented, could rise above the masses and become stars or superstars. This form of centralized celebrity gave these people enormous rewards. With STEEMIT, because of its unique reward system that offers opportunities to anyone to benefit from content creation, everyone who has anything interesting or valuable to say for the community can become a celebrity. It encourages people to become creative.   


   WHY STEEMIT IS BITCOIN ON MEGA-STEROIDS & WHY IT’S DESTINED TO RISE MUCH QUICKER.

STEEMIT IS “EASILY” ACCESSIBLE FOR “ANYONE” AROUND THE WORLD. Anyone can access STEEMIT by signing up. It takes no more than a few clicks to get started. And because the barriers of entry are so low, millions of people can become a part of this movement.  

STEEMIT IS CONQUERING A NICHE MARKET, and will soon set its sight on the multi-billion dollar social media pie. Peter Thiel wrote in his book – From Zero to One, that in order to increase the success rate of a startup, one should focus on a small market where your product or service has a high likelihood to succeed. STEEMIT, is doing just that. It is similar to Reddit, but with feature of rewarding people for their content. With the current “exponential/explosive” adoption rate, I expect it will outperform Reddit. When its growth becomes well-known and the media jumps on its success story, other social media will adopt the STEEMIT-system into their platform.  

STEEMIT’S ROADMAP TO SUCCESS IS SHORTER AND MORE DIRECT THAN BITCOIN. We all remember Bitcoin’s early stages. It took a lot of time, adjustments, and trust to gain serious traction. Only after overcoming many hurdles it reached a market cap of 10 billion. STEEMIT doesn’t have to go through all of this. The lever for STEEMIT has been put in place already by the social media platforms. People have gotten used to FACEBOOK, YouTube, and Reddit. STEEMIT has to use this lever and jump with their unique blockchain concept. How far and high this jump will be, is for all of us a guess.  

STEEMIT’S MARKET CAP IS JUST 0,5% OF BITCOIN’S MARKET CAP. At the moment of writing this article, the value of steem rises from 30 to 60 cents. A 100 percent increase in value in just one day. This overnight doubling of value is only possible, because of the relatively small market cap STEEMIT still has. It is unlikely that Bitcoin is able to rise a 100% in value overnight, as it is 200 times bigger than the steem currency.  

I believe there are more reasons for STEEMIT to succeed. But for now I think it’s best to keep it short.   

If you like my post, please feel free to share your views, critique and opinions. Let’s exchange our views on it in order to come to a more comprehensive view on STEEMIT’s revolutionary project. Let me know what your thoughts are, and to encourage some speculative enjoyment; “WHAT DO YOU THINK THE PRICE OF STEEM WILL BE IN 30 DAYS AND 90 DAYS OF TIME?”

Thanks for reading.