This chart of steem looks fantastic to me. We saw priced explode off a 9 that touched down to the trendline before from $0.78 to $9.26. Now we've touched the line again on a 9, and price is beginning to really move here. A similar size move would take us to $16.38. I've felt steem is undervalued for a long time, but I think we may see it explode well past a realistic value, then fall below it again, because the charts show us that trend repeating.
The SBD Charts do not look as good, but there is a much smaller supply of SBD, and less liquidity. The last move saw SBD go from $0.86 to $18.68, that's over a 20x! A similar move could take us to $31.06! That would be pretty crazy! But it's crypto, and I wouldn't be that surprised to see it happen.
Volume is all green, Steem is a buy and hodl for sure!
I think you make some good points in your post and I think it is important how you noted the volatility. Do you see Steem overtaking Bitcoin or Ether in the distant future?
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Well, Ether, yes, but that'll just be because Ether fails and crashes on it's own accord.
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That's a fair assessment. Do you think Steemit has the potential to see mass adoption like other social media platforms? Especially because you see rewards for posting quality content? A mass adoption would certainly be good for current users, and those that already invest in Steem.
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I think the UI will need to improve for that to happen.
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Definitely not!
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Amazing, the post is very good
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Bad comment
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Thanks for the advice, because I am a beginner so I need someone to show me the direction of how to play steemit. Are you willing?
Because you are a great steemit. Can judge. I like the steemit like you. Brightly continue to advise or criticize. Once again, thank you...
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You got to engage with peoples content, just saying good post makes me think you didn't even read it.
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There I read, just the essence of your context aja
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