Searches for Steemit.com have been picking up the last several months
In the last 6 months, searches for "steemit.com" are significantly higher than the 6 months prior.
Specifically, they really started picking up late last year.
Hitting their peak in December of last year and early January of this year...
Check it out:
(Source: https://trends.google.com/trends/explore?q=%2Fg%2F11cp75gyvb)
As you can see searches for steemit.com started climbing in August of last year and hit their peak in late December/early January.
The Justin Sun effect?
On first glance, people would look at those search trends and then the timing of when the Steemit/Tron partnership was announced and say they not really related.
And they would technically be right, well sort of.
If you recall, there were tons of leaks coming out for months prior to the official announcement that Tron/Justin Sun was somehow linked to Steemit and Steem.
There was nothing official, but we had been seeing smoke literally since middle last year, which ironically is right about the time the searches started increasing...
Coinincidence?
Perhaps, or perhaps not. It's tough to say for sure either way.
The interesting thing to me though is where the majority of those searches are coming from...
(Source: https://trends.google.com/trends/explore?q=%2Fg%2F11cp75gyvb)
The overwhelming majority of them are coming from South Korea.
Justin Sun has Samsung partnership and Korea loves them some Steemit...
Interesting to me is that we are seeing all this search interest for steemit.com in Korea and Justin Sun specifically said that they have a partnership with Samsung.
Which as you likely know, is one of the largest companies in South Korea.
Specifically, he said he hoped to get steemit.com listed with the all the new Samsung devices, something that may turn out huge for steemit.
Especially if people in Korea are already showing tons of interest in steemit like they above search results indicate.
It remains to be seen exactly how steem/steemit/tron will all coexist and mutually benefit each going forward, but if they do, we could see some fireworks down the road.
Stay informed my friends.
-Doc
I've said this many times before, but virtual currencies have existed in South Korea as long as I remember. Crypto currencies are just the next evolution after Cyworld MiniLife was shutdown few years ago... Both South Korea and Vietnam are big markets for mobile gaming and all the extra features cost money. Not all mobile players are old enough to have own credit cards, so that is why they invented virtual currencies for purchasing in-game items. You can basically send virtual coins to anyone who has local mobile number.
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Steemit getting on Samsung devices would be pretty big... especially if steem is still attached to it.
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Considering my girlfriend has access to South Korean phones, I think I have good chance to know if it gets added... I could also ask some of my other South Korean friends...
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One of the best things about your point is the mega power the steemit.com domain holds. It is a page rank 8 which is incredible. That means that a link back from steemit.com to another website is very valuable to that website. It is an SEO goldmine and it is important that steemit.com remains the main site for steemit and doesn't go away.
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How does steemit (and steem) better monetize and take advantage of this fact?
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well it is tricky. First they need to give out "do follow" backlinks. That means the power of steem's domain travels along the link back to the other website. That "do follow" tag used to kick in when a post reached over $20 in earnings. I'm not sure if that value is still the case. But a do follow link back from steemit.com will help the receiving site rise in the search engine rankings. But if they start doing it for all the advertisers and anyone who wants one, the power of that link will be diluted and google will see it as a ranking scam and kill the value. The solution is an seo club or community of hiqh value steemians that agree to vote certain posts over $20 or whatever amount now triggers that tag. Ideally it would be important for businesses. If you have a pizza place and did a post about it getting 1 do follow link from steemit would help you. Or if you are trying to rank your site for a certain keyword getting 1 link back from steemit would be great. For example, I have a company that manufactures portable ice skating rinks. If I wrote a post about it and I received a do follow link back from steemit it would help my business. It could be done with a voting bot but people vote it down and hate bots. Maybe a closed group of whales who care about steem would be willing to cast a few votes on preselected content for links. At least that is my thought on the subject.
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Hopefully this will be a giant push that starts an even bigger butterfly effect for steemit.
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And hopefully steem as well.
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He really is a one man marketing machine isn’t he
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Well this really wasn't anything directly caused by him. The searches spiked when the news was merely a rumor swirling around. Either way though, those rumors also involved him.
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This is a very good news!!! Thanks a lot for this. It seems that Justin Sun's operation made noise.
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He gets people talking about things, that is for sure.
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I have to say @jrcornel, I'm never disappointed by your analyses. I always reach for the upvote button, and I never feel any hesitation because it's always good stuff.
Google Trends is an underrated and very powerful tool, all for free. I'm not actively buying and selling crypto right now, nor any other investment honestly, other than earning Steem of course, but it's nice to know what's going on in that investing world. At some point I plan to get back in the game. Your posts give me confidence that I've got some understanding of what's going on in crypto finance for when the time comes. Thanks for sharing all your hard work.
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