Q & A on STEEMIT by a NewBie

rushitan (45)in #steemit • 7 years ago

Every one out there who steps into the World of Steemit, have to do a Steemit Tutorial Post on their own.
Its like Mainlining Adrenaline.

So here I am doing a Steemit Tutorial, to keep this Legacy Going.

Lets start by asking the Stupidest Question.

What is Hell is Steem ????

You Literally can't say anything about Steem without talking about Steemit. Social Media Platform that Pays ! upon which it is built. Steemit is a platform where Schnooks like Me and You gather around to submit their Content, Images, Videos, Blog Posts, ORIGINAL STUFF. Stuff other people created that you simply sit back and enjoy, want to share with others etc etc etc. We all know that Not quite Visually but Generally the Concept is pretty much like Reddit.
For Those who are not familiar with Reddit, can visit the link Belo!!!!!!!!! FORGET IT

What are Steem Dollars and Steem Power ?

Steem Dollars step in and the Platform becomes completely different than Reddit.
The Similarities are easy to understand. If Someone likes your Content, they may decide to "Upvote" the Content which makes it more visible by all users of the Steemit Platform. NOW, when anyone receives UPVOTES, they earn Steem Dollars which can be taken out of the Platform for Fiat or Cyptocurrency.
Steemians can also Gain Steem Power which is also a Currency but can only be used within Steemit. Upvoting, Blogging, Videos, Images etc all will help you Gain Steem Power. There is reason why its called STEEM POWER, because it literally means how Powerful your Vote is.

How to Buy Steem Coins ?

Steem Coin trades on many Crypto Exchanges. Steem Coin according to me is aimed to a specific Target Audience and they are Young Internet Money Crazed Warriors. And if you ask me then Buying Steem Coins would never be Regretted.
(If you are into HODL !!!!! and True Believer in Steemit Platform)
List of Exchanges where Steem Trades

Can I Imagine Steem Trading on Coinbase ?

The Answer is NO
(For Now)
Since Coinbase has strict requirements to get onto the platform.
However, that doesn't mean that I would say Steem is an Underdog Player. Steem has a lot of Potential and will be HUGE in the Future. Just Think of an Idea that if all the Social Media Users understands that getting paid to be on the Social Network is the Best Choice then we are looking at almost TWO BILLION users on Just Facebook.
Looking at the Current Crypto's that are trading on Coinbase, Steem doesn't have that in his CV which will impress Coinbase to Hire him. But As Steem Grows and if it reaches the category of Facebook then Coinbase will definitely think again.
Honestly, this might take Years. Don't ask me how many !!!

Steem Price Prediction and Final Verdict about it.

Steem Coin is definitely on a Sweet Spot. Developed Enough to Enjoy Decentralization, Whopping number of users joining everyday and Doing pretty much Great on Coin Market Cap. After Evaluating this it is obvious that Steem and Steemit will Continue to Grow exponentially. It will be on the New Heights when it becomes Famous outside America just like it is famous inside America.
At the time of this Writing Steem Ranks #31 on Coin Market Cap with a market cap of 489,075,811 Dollars.
Steem is Unique in this Crypto World. According to me it is the most successful application of using Crypto Currencies. Steem coin will be on Leading Exchanges one by one. It is definitely going to keep our eyes on it in the future as there is so much in this IDEA that can go Right.