So for me that is a very bullish sign.
Let's look at the top 10 cryptocurrency according to coinmarketcap.
this is a moment of uncertainty of the market bitcoin been crashing
lets look Steem and sbd
the rison for this is the huge volumes that new korean exchange UPbit are traded
they are doing more then 90% of the daily volumes
Steem markets
SBD markets
You can see that they are investing there KRW - South Korean Won.
Steem is a good long term investment especially if you can pay whit your fiat money for it.
Just imagine when there are more place like this exchange like Upbit that are gone trade Steem and SBD
directly for your fiat money what will be the price of it then.
I believe this is just metter of time. Every day steemit pick up more and more network effect become more popular.
Netorwk efect means that more people use this platform one way or another the bigger is the value of it.
The more man power it have more valuable becomes after curtain threshhold the growth in value become exponential.
Good news is that everone that is involved in steemit have parth of the value of the platforme it make it cowner something truly revolutionary. Any of the other alredy established social media platforms didnt have that important key point.
We are all partners in this project we all want to succeed and make it big and valuable.
I personally invited a lot of my friends in here and and some of them becoming more knowledgeable and active participants of steemit ecosistem.
I believe this is one of the best way each of us can contribute for the success of steemit.
Thanks 👊 for coming by👣 commenting 📝 and supporting us 💕
Prosperity 🍀 Well-being 🌈 and Happiness 💃 to All 🌍
Thank you @mihail.tsvetkov.
I agree with your insight.
The long term picture of Steem is great business value. In my opinion , a steady and constant rise projects a stable, profitable, venture as opposed to sudden freak raise that screams of turbulence and unstable movement.
It feels good to know that we are all partners :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If i believe in something I can connivence a lot of people to chek it up. i remember when we started i told my wife now our friends didnt pay attention to what we tell them about this platform but when we have a couple thousand dollars in our accounts they will start pay attention to it :). And this is exactly what happens in few mounts since we are active on the platform.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Absolutely true...
Nothing succeeds like success. And few people have the insight or courage to walk on the unknown path. Very happy for you and @kanoe, @mihail.tsvetkov :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bullish on Steem. good!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you for your survice @candyboy I believe in Steemit is going to be successful project that why I am here and do what I do.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You got a 1.51% upvote from @postpromoter courtesy of @mihail.tsvetkov!
Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit