Steem price (today) has been gradually increasing even though Ethereum and bitcoin are showing signs of decline –according to coinmarket cap https://coinmarketcap.com/. The question: is the upward trend sustainable? Have investors realized that steem price is undervalued and thus joining the vibe? Here are some few points
Steem superior technology: The reason lies on reality: superior blockchain technology of steem that processes transactions faster than Ethereum and Bitcoin combined, the upcoming SMT project, steem blockchain being home to many solid apps (Dtube, Dlive , Busy, Dmania , utopia etc) and gradual , plus steady increase in steemit memberships.
However will it always be in green territory?
Ups and Downs: the reality of cryptocurrencies is that they are volatile. Moreover, anything that goes up , will certainly come down -therefore, do not panic if steem price falls tomorrow or next week rather thinks long term. The best thing is not to focus on daily price movements, rather gradually grow your steem power because the future of steem ecosystem is very bright.
Now is your turn, send in your comments, resteem and upvote in order to send in your support.
Click here and read my former post: How Failure can help you be more successful in steemit and personal life (2)
An Advert for a top new crypto https://elyte.tech
Join Elyte bounty via this link and win free cryptos https://docs.google.com/forms/d/e/1FAIpQLSeOcKUUoTU6IKr1qX5osYaWMdVL8-nB5RmroYtYBir6YYof9A/viewform
Join elyte.tech telegram group https://t.me/joinchat/E6tXj0dThqzzjVlWJRuxLw for info on their bounty and thus join the next best thing
I agree with your analysis...steem superior blockchain technology will shine in the long run. Good that many people are realising the truth and join the vibe. I am with steem in the long run...thanks for this post and keep steeming
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Very good point, you are highly motivated indeed
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
What do you think could make more bloggers, youtubers, and social media users to move to the steem platform?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
all in steem power i believe in the eproject
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
And you can upvote your own comments for more too
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think Steemit is still an undervalued gem, but soon the masses will flood to Steemit due to all the great projects you mentioned, specifically SMTs. Smart Media Tokens should increase demand for Steem handsomely. Smart Media Tokens will allow any existing community to bring the features of Steem online without having to use steemit.com
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Very good point which shows the great quality of steem ecosystem...thanks for your comment
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Really great post
Thanks for sharing and keep it up
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
what is good about the post?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Aren't the apps a possible distraction? If you split the audience across meme screens, twitter-clones, FB clones ,etc, aren't you diluting attention?
Or, I guess whatever helps grow the ecosystem is a good thing, and the details are less important.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes, what ever helps grows the ecosystem is great for all of us ...steem blockhain will be home to many innovative apps...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I mean given that the other apps all feed into Steemit, isn't that feeding attention to all of them and vice versa? The other apps don't necessarily seem like distractions, just the spokes that join the wheel together, the hub being Steemit.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If we're gonna talk about long term, steem upward trend will definitely be sustainable.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Amen to that...I agree
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
the price of the steem has shown that it moves independently of the leaders, whenever the leaders fall, our currency does so to a lesser degree and as it grows it mostly, I have no doubt about its growth.
excellent post dear friend @ charles1
I wish you a great day
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Very good point my friend and thanks a lot for your comment
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's always a roller coaster. I feel when mass adoption of crypto takes place the coins not backed by real viable use cases will fall by the wayside. Mass adoption will be some semblance of stability.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Every market is uncetrtain and if we talk about future, its the most uncertain thing. So nothing to be afraid of. We just hope the price will continue to increase!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Point, I agree. Thanks for your comment
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
u r welcome! :D
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Definitely, what goes up, will also come down. Cryptos price are always volatile. I think steem and SBS have chances to be one of the most successful cryptocurrency but till now, it is not possible to buy them directly with fiat currencies. Also lack of enough platforms to buy them and the lack of wallet for them has hindered their progress.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good point, hopefully we can buy them via fiat in the near future...thanks for your comment
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think it's a sign that there are other coins and tech with great utility to them than Bitcoin and Ethereum, awareness is key.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes, I agree...steem even have more real life value than all other top coins
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Exactly.
The more people can perceive the real-life value the, the more it will grow.
The best way for newbies entering the world of cryptocurrencies is through Steemit or similar platforms like it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
the important thing in any case is not to base ourselves on a single economy, with the diversification we will see a welcome progress, besides that steemit grows stronger and stronger and better things will come.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Very good, diversification is always great
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Many of us are still very familiar with the initial understanding of the #criptocurrency world, which initially used only one single app. # Esteem.Apps yes and whatever it is we slowly learned the stages so as to understand some of the more real rules in the world of blockchain , and the current price issue of uncertainty is a fact that in the digital world of criptocurrency everything is completely versatile and ultimately only the great persistence and courage in investing in #steem and of course according to the understanding, thank you for sharing and this is very useful information
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes, you are right, persistence, patience and courage are indeed good for success...thanks for your comment
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
of that it is about ups and downs of the currency in the market, good post
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Welcome
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If we're gonna talk about long term, steem upward trend will definitely be sustainable.If price keep falling, i think it's great chance to get more steem coin.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Very good point indeed, I agree
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That is the only thing true, remember that it is the market that tells us what is currency and what is not. And the market has spoken. steem have value because the market says they have value. Remember always
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good point ndeed, thanks for sharing your thoughts
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yeah the trend is increasing gradually and it will reach a certain figure. Maybe it will sustain for while than go down again. I think The fluctuation is common in crypto market. Nothing is sustainable within long term.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good point and its an opportunity to buy cheap
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
it may rebound but we all know steem is worth much more
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Point, I agree.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If price keep falling, i think it's great chance to get more steem coin
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Very good point, I agree.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Sometimes Steem keeps rising even when BTC and ETH falls, it has happened before but most of the time BTC and ETH gets correction Steem has massive fall. Usually graphs are different for Steem and other Alt coins, but for traders BTC and ETH prices are indication whether Steem price going to increase or decline.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good observation however lets hope for steem independence in terms of price movements
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Steem has definitely an advantage over other coins, as it is relied to a technology that actual works, and you can see it in its relative strength towards other crypto. SMT might be much more relevant than i originally anticipated. But still this is yet to be launched, and there is some competition entering the field with EOS based Social Networks like ONO, and Steem 2.0, if Dan sticks to his announcement.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good point, I agree...however competition is good for the ecosystem
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's really a matter of a few months, maybe a year but I think it will get to a period where STEEM will no longer be determined by bitcoin
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Amen to that, I agree because of its real life value.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I heard it was listed on huboi, but was later suspended, the more listing it gets the more valuable and independent it will be.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I agree, good point
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The concept of steemit is what it can make it sustainable. Let's take a look at how BItcoin gained power. It was the first financial alternative in this very unreliable economy. It served a purpose!
And Steemit is taking social media into another level where users can feel useful in a community, and also be rewarded by the value the provide.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good point indeed, the future is indeed bright
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for the thoughts Charles, useful at a time I'm just about to buy some to power up. I do wonder if the advent of SMTs has been a factor in the strong performance of late. Personally I could do with the price falling, specifically versus BNB, and to be sure nothing stays green forever. The medium term outlook of this whole market is far from certain (sub-$3K BTC by September certainly not off the table despite what we'd all prefer to think) but STEEM seems likely to remain one of the better bets as long as Steemit itself is not sabotaged by the reward-grabbers putting newcomers off.
Incidentally, As a noob (I've not even posted yet) I was intrigued by your tags: 'humour' but no 'cryptocurrency' or 'steem' or 'steemit'. Am I missing something? :o)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Very good point indeed. Oh , those tags were used and updated in order to reach others...thanks for your comment
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am reading this book and one of the parts right now discusses (and I think most of us would agree and already knew this) but data is like the new gold in the modern world. I believe that what blockchain does in general is preserves the integrity of data. It may not matter so much now (because companies are just raking in the money off these piles and piles of data) but eventually data will need to be refined. Blockchain, in my opinion, makes people think twice about being crappy or misleading. At least I do because I know that what I am putting on here is gonna stay on here. So in that way I feel there is actual value to steemit, kind of like platinum to gold. The gold is the data but the more valuable metal is platinum because its qualities are more refined... or something like that haha! I also like the fact that you can buy into steemit with cryptos. It's nice to have a crypto that can interact with other cryptos. To me, that is what offers the most freedom in terms of de-centralizing the money supply. And I guess maybe the third thing is something I saw today: a contract. One steemer agreed to loan another steemer some SBD. The contract was stated in a post and all users verified in the comment section. Boom, SBD gets "loaned." That's pretty damn powerful. Contracts.... THAT is why I came to steemit. Thanks for your post and thoughts.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Welcome and thanks for your comment...more success
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
hey man other good post i really like the way you structure all your posts its smart! i really believe blockchain will explode i feel like one will come up on top hopefully it will drag up other coins however now i think is the first time we are seeing real different trends of some coins going up whilst other go down. if you are quick and clever investor can make a lot of money with high volatility but likewise you can also lose a lot
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great, I agree too thanks for your comment
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thanks my pleasure
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The price of STEEM has been going up for few days straight at a normal looking pace. I still think this is the best investment for people looking to get into crypto currencies.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good point, I agree
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
welcome
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Will the EOS blackchain release have any affect on the steem price?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I dont think so
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You got a 16.61% upvote from @emperorofnaps courtesy of @charles1!
Want to promote your posts too? Send 0.05+ SBD or STEEM to @emperorofnaps to receive a share of a full upvote every 2.4 hours...Then go relax and take a nap!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Fantastic analysis from @charles1 Indeed the future will be brighter if people see Steemit as a long term investment not just another quick money making scheme.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
interesting article. There are hundreds and hundreds of coins, with new ones coming everyday. Many are totally useless and are only valued by FOMO. Eventually, only the true coins with value and usefulness will survive,
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
To the question in your title, my Magic 8-Ball says:
Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit