Eastern STEEM Rallye! ๐ŸŽข Promising Developments and Market Sentiment

in steem โ€ขย  7 years agoย  (edited)

Dear Steemit friends,

sometimes we need a break to realize where the value is. It seems the Easter holidays were the catalyst to drive the prices of the cryptomarkets up again.

Maybe that is just correlation, not causation. But what are the benefits?

  • time for (self-)reflection
  • time to spread the message of crypto

I think the Christmas holidays had a similar effect on the markets because people relaxed and were enthused by others to join. Today i was surprised by the market movements, maybe it means nothing for sustainability but maybe we see now a further uptrend, let's look:


source: coinmarketcap.com

We look at a steep mountain with alltime highs near $8 for STEEM and fell back to 2017 levels which lasted for a long time around $1.


source2: coinmarketcap.com

The last 42 hours we saw much STEEM in the chamber.. and passed the $2 mark


source3: coinmarketcap.com

While writing this post it looks already a bit different. Are we loose STEEM again?

If yes it's just a short term momentum from my point of view.. nothing to be concernced about because:

Many things in the pipeline

Following a short list of developments saw recently:

1. STEEMIT centered developments


- Communities/Hivemind posted by @roadscape

This is a new stepping stone to make Steemit more popular in the long term in my opinion, please read!


- automation of registering new users

Watch @ned @sneak and @pkattera talk about the future of Steemit at the Austin meetup - video by Ruwan Perera

We are near a new level for smooth and fast registration of new Steemians. If this hits the stage we can see a much more natural growth of new accounts because today it's limited through hard work with much manual processing.


SteemitApp a mobile frontend for Steemit by @yuriks2000 and his team!


source: picture by @yuriks2000 in his blogpost

For me that is one of the most important developments because we shifting from desktop to mobile now for many years step by step. I remember using a Notebook on my daily trip to workplace since 2008. Since about 2 years even regional trains are equipped with power sockets in our region while smart phones evolved to little supercomputers. That's the future! Devices as a extension of our daily life in the most convenient way we can imagine. For true mass adoption it needs such apps like SteemitApp to conquer the mobile devices especially the smaller screens like smart phones or phablets which are in use by billions of regular people!


- busy.org already shows the power of sophisticated frontends for Steemit

busy.org show what convenience and additional features means for Steemians. The nice UI provides many additional functionality in comparison to steemit.com.


-DLive - Live Streams for tighter connection of the community!

This is one more great puzzle piece for the Steemit ecosystem beside DSound and DTube. For a customer it works already great. I cannot say how well it works for broadcasters currently but there are already a lot of streams available

The beauty for all the developments, they are interconnected with STEEM blockchain. Today i'd tested DMania which let's you post pictures or videos like memes to share with community. All these DApps can be used with your Steemit account and that is a wonderful thing!


2. General Cryptomarkets

Green lights ๐Ÿšฆ on! I think whether you are the coolest human being on earth or not it is nice to see green numbers on coinmarketcap.com.


source 4: coinmarketcap.com

Even if you are assured like me that cryptocurrencies and blockchain technology are the future it creates a bit happiness to see prices climbing up. All the developments initiated by Dan Larimer (magenta boxes) are in the Top50. That is also a sign of trust and a track record which is unique in crypto space.

Regulators work through the piles of passed and new ICO's to reveal fraudulent behaviour which is good for us because we have now a Sheriff in town which can do good if he get's not mad about cryptocurrencies at all.

Crypto Traders look for the next bull run if the price goes beyond a certain barrier. And don't forget the weather! With the higher solar state people we'll see a more positive sentiment than in past cold and dark winter times!


๐Ÿ‘ If you like the read please follow me, vote me up and resteem! ๐Ÿ‘ Thank you !๐Ÿ‘

Exciting times ahead steemit friends!



rendered animation by author


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Personal Stats with SteemWorld by @steemchillerGreat Live-Streams with DLive by @dlive


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ย  ยท ย 7 years agoย (edited)

sometimes we need a break to realize where the value is.

Yep. That's seriously 100% true. Within last 02 or 03 months lot of users very disappointed with crypto down trend market. With start up users has attraction there again. I take some times to take imagine of your post. Everything indeed here. No more any doubt about that. Totally outstanding blogging @onetin84. Well analysed about steemit using well comparison and technical graphs.

ย  ยท ย 7 years agoย 

Thank you @madushanka, yes summer will arrive for sure and many people like the sun! ๐Ÿ˜Ž

ย  ยท ย 7 years agoย 

Now we can see a goof rise in satoshis and most of them from korea in the case of SBD, definitely i think we're starting engines because the next will be the smart media tokens and that will bring us new investors. Regards

ย  ยท ย 7 years agoย 

I didn't mention the SMT because there is not much to talk about at the moment but yes they should be a major milestone for STEEM! Thank you!

ย  ยท ย 7 years agoย (edited)

I'm learning more and more about STEEM and its value, and this post definitely put me in the right direction to continue my research. I have been on Binance for a little while now and continue to 'fill my bags' with a handful of cryptos and it has been interesting to see how BNB has been doing. Prior to the 'crash' a few months ago BNB was close to $20 (I think). Since then it has dropped significantly but has slowly been on the rise. As the token directly related to the exchange, I feel that BNB will certain gain volume and value as the year progresses. -Respect

ย  ยท ย 7 years agoย 

Nice to see it has some value for your research! I looked also for the exchange coins some time ago, beside BNB, also COSS and Kucoin. I think with a new rise of Bitcoin all other cryptos will do the same, just a matter of time. Interesting to see where the real value is behind each currency, coin, token. Thank you!

ย  ยท ย 7 years agoย 

well yes I do agree with the fact that Steem does indeed have a great future and with the fact that the adoption of it is going very well :)

And as a matter of fact many Steem Blockchain based app are also being released which is a good side for Steem ;)

I am really looking forward to what holds for us and I hope it sure will be very good !

ย  ยท ย 7 years agoย 

There are so many good developments around STEEM. That is no guarantee for sucess but increases the chance i'm sure.

ย  ยท ย 7 years agoย 

A huge impact of events occured on crypto but it will recover soon

ย  ยท ย 7 years agoย 

With finished Easter crypto starting uptrend now. Yeah It's Steem rallye.
Completely well explained by you here.

ย  ยท ย 7 years agoย 

crypto-news is 100% true. thanks for @onetin84

ย  ยท ย 7 years agoย 

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ย  ยท ย 7 years agoย 

the pump was amazing that was epic and sbd over 100 % in gain that just shows how much steem blockchain is being loved