For a Fistful of Steem - Expectations
Steem will surprise you! Be aware of Steem's potential.
Steem is the only cryptocurrency with a so strong proof of use. Whatever is used constantly gains value by default. In fact, it is the use of the currency that defines its real value and not its price! Price stability exists in the traditional money's currency policy when the inflation rate is less than a given percentage of the money in circulation. For example the ECB defines the price stability (of the euro) when the inflation rate is less than 2%. Same assessment for the virtual currencies? Let everyone conclude by taking a look at the interesting comparative analysis of the STEEM inflationary trends: https://steemit.com/steem/@penguinpablo/putting-the-steem-inflation-into-perspective
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Don't let them fool you. Steem is yours because in fact you produce it and you are the carrier of its value.
Steem can be great (again) if you are great or trying honestly to be. In the meantime, please think if you really need a 10 dollars Steem in the market... Maybe it could be more efficient a quality perspective and the account real use. Proof of use is the plus on the top of the proof of work. Steem cannot die as long as it works backed by the resources of its community. The resources produced by the users, the community members, the real fundamental of the Steem economic environment.
And the best for the Steem is to come. In fact it's the potential of the whole experiment that consolidates the positions at any given time. The working area of the Steem currency is its platform and the dedicated users. Because of its exclusive use for the internal transactions, the Steem is relatively detached from the exchanges' custodian dominance, thus its price may reflect some real value and not a bubble product, some fantastic price based on the market manipulation activity, an infamous bubble which might burst at any moment!
Every day some new idea becomes a reality in the cryptoeconomy and this thanks to the devoted developers and the technology's epic take-off. In this process, the Steem plays the main role as an example of a successful creation of a new promising economy without the restrictions of the traditional's markets guidelines. Monetizing the content was the top dream of many early users of the Social Media platforms. With Steem the dream becomes a reality. Finally, your content is rewarded by something that means money, not only a symbolic "like". Somewhere this is a revolution, somehow people are not ready for a mass adoption yet. It's a matter of time and right marketing...
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But, there are also some facts able to set up annoying shadows... Unfortunately, nothing is perfect such as nobody is perfect and Steem is not excepted. The Steem currency has a major weakness which is to take into consideration. Steem is not that attractive for the average investor. If the average investor is looking for some crypto to invest the Steem is not among the first options. Because the Steem currency has almost nothing really valuable to sell except the content production which generates its existence. It's a vicious game of keeping the right balance. If Steem is the meant of payment within the platform this is its source of funds and at the same time the creator of the currency for the distribution of these funds and the maintenance of the liquidity. A complicated scheme that doesn't shows its full potentiality. The investor can start just by paying for an account creation and making a deposit of some 100 SP equivalent in dollars. The amount of SP is just for example but it's known that the more you have the more you enjoy the communities benefits! The new investor is the newcomer, the new real accounts, the increase of the transactions, the use of the Steem for the complete Internet experience, all this in one is the Investor. This could be the successful marketing required for the best Steem's evolution, a marketing focused on the presentation of the potential of the Steemit Network and its currency.
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The low price of Steem is the signal of the good times coming very soon! Low prices mean also good buys!!! Opportunities don't last forever... Of course, this is not an advice or financial suggestion. I 'm not an expert and I might be wrong. The best way for you to make it in the cryptoeconomy is to follow your own conclusions and analysis.
Thanks for reading my latest notes about Steem.
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