These last few days have been exciting in Cyrptopia. Cyrptopia ( a imaginary land I refer too, where everything goes up). We have had SBD at well over 10 dollars, is this Christmas come early? Definetly, I have been able to add significant amounts of steem to my account, but besides that point. This run up in the markets might just be the best thing for steem. Think about it, we have had the Ethereum block chain at capacity, and moving like molasses. Bitcoin we all know is slow, and the fees, my goodness the fees are ridiculous to buy and sell. With the rise of the sbd, I have sold some and traded all the other cyrptocurrencies, and when I say all, just Eth, Btc, Ltc. All of them take significantly longer to send from account to account, and the fees are higher. At some point when the steem block-chain is crushing the amount of transactions of all three major ones, and not even breaking a sweat, people will have to take notice. The steem block-chain has set the record in daily transactions, so I am hoping it is only a matter of time. Unfortunatly I feel to have steem take over, we will need a crash in either a exchange do to Bitcoin or Eth blockchain being at capacity, and having no way to buy or sell them. Just today Yahoo top five article is highlighting the intermittent outages of Coinbase. https://www.yahoo.com/finance/news/heres-big-bitcoin-problem-just-discovered-211912644.html
Steem Block Chain the Best????? I think Yes!!!!!
7 years ago by bigram13 (82)
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I believe it is one of the best blockchains , every one is focused on steemit and forget the the main thing here is the Steem Blockchain
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Ya steemit, might go away, and the steem block chain could be very successful
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Cryptopia is the name of an Exchange. lol. I didn't know SBD can be this high, i thought it was pegged at $1, but it's good for all steemians
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Cryptopia? Really. I always think of the movie Dinotopia when I say it.
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Yes it has small volume but it has varieties of small coins available. cryptopia.co.nz
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Ya sounds scammy
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Its Great Post :)
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I agree! The steemit blockchain seems to run pretty smoothly compared to everything else. Litecoin seems to be holding up well also. 😊
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Ya to send steem anywhere is pretty quick to, bitcoin took 45 min. Imagine standing in line and like wait for the next block
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Good post thanks 👊😊
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It's interesting, I thought the intent of the Steem Dollar (SBD) was stable value. At least for holders, today it is a gain instead of a loss (i.e. a 10 cent SBD would not be good).
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Ya, but the supply is so small, that it can be easily manipulated.
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This post has received a 3.96 % upvote from @buildawhale thanks to: @bigram13. Send at least 1 SBD to @buildawhale with a post link in the memo field for a portion of the next vote.
To support our daily curation initiative, please vote on my owner, @themarkymark, as a Steem Witness
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