Steem in China 🇨🇳 (new beginning)steemCreated with Sketch.

in #steemxp5 years ago (edited)

IM BUYING STEEM NOW !!

I was holding to buy steem for a while after steem start growing up to 40 cent . I waiting them to get some reversal correction to 30 cent again or im
waiting other crypto grow up to get more steem .

After this few days , i realize that steem value has increasing but the other crypto still mantain at their value . Im getting curious what have steem done until it increase almost 90% from it lowest value few days ago.

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This is cart from @arcange which we can see there is significant increment of registration steem account from 4/1/2019 .

The highest number of registration is at 9/1/2010 . You can see the detail of explaination and comparation done by @taskmaster4450 at his post at stemian growing .

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Steemit volume of transaction has increase since 4/1 until now the trend still bullish . A simple explanation of bullish market is when there is high demand on current price or higher volume , the market price will increasing accordingly . Well this was explain the increasing of registration has increase those market value .

In @taskmaster4450 has write in his post steem about to explode in china when Dapps introduce @wherein apps to china has a huge impact of steem market. (in my opinion)

What is wherein?
According to @wherein , it was their light blogging apps that using steem crypto. Well explaination by them at WhereIn - A Steem-based lifestyle social media platform

So what is really significant about it ?

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Those application has been register or upload at dApps in 4/1/2019 . Its not a mistake when the market start increasing hugely in that date.

Within a month or approximately 18 days it has been up ranking to 78 which increasing 22 rank from 100 place and it keep increasing.

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Last update was 10/1/2019 where they update for increasing registration on 9/1/2019. Number cant lie .

I believe steemit will grow aggresively after the management changes . I wish for all the best to Elizabeth bringing steemit to new level .

Im expecting steem will increase to 15 or 20 $ by end of this year . There is always right time to power up , the best of those right time is now .

Disclaimer : All those above is not trade advice , it was a personal idea . Trade on your risk.

STEEM ON !!

Shout out to @bboyady and @robmojo

Follow me at @tommyl33
Feel free to follow my other friend : @mcvenify @gideongys @khaleel @menirva @keybboy @avaoj @muqrahman99 @lorasia @gracefu @hendry501 @breakout101

Best community @teammalaysia & @steemxp

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If it is interest from within China having this impact, then I wonder if it is avoidance of the Chinese blockchain regulations (coming into force on Feb 15) that are a factor. I also wonder if a significant Chinese userbase would lead to steem dapps being caught up in the enforcement of these regulations.

im sure that there is an impact after chinese blockchain regulations after it being force . But we just wait what gonna happen on that time 👍

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Well, they will be coming into force soon enough, so I guess we will see.

Nice post bro. I saw in one post(forgot which post), steem trading is also very active in Korea now too!

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gila , korea is big player already . check tu @tastee huhu dia punya admin higher sp semua

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With all the big players coming in, steem will go up lagi ni and the recent addition of steemit new md, steem will bloom this new year

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haha come on :p.

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same ahaha

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