Steem is probably one of the most undervalued tokens out there. That might eventually not be big news to some of you but in case you still want to know why I think so you may keep on reading of course 😉
The Steem Community
It´s probably one of the biggest communities in the cryptosphere with more than 60.000 active users every single day and more than 1/2 a million registered accounts. So that being said I think no one will doubt the huge potential we already got just through our powerful community, which just keeps growing every single day by more than 1000 users!
Best Weiss Crypto Rating!
Many of you might know that Steem got one of the best ratings from Weiss. It even got a better one than basically all the top 10 cryptocurrency like Bitcoin, Litecoin, etc.
I honestly haven´t taken a closer look into their reasoning so far but there got to be some valid points why they think that steem got more potential than 99% of all other cryptocurrency out there 😉
The Steem Blockchain is Amazing!
Fee-less transactions, confirmed in only 3 seconds without the need to check a long nonsense receiving address but use normal usernames instead. The Steem Blockchain is simply amazing and only uses about 0.1% of its current potential while performing more transactions per day than other top cryptos.
Steem is simple, fast, secure, reliable and backed by a huge and still massively growing community. We are sitting on a launching rocket here!
A Crypto Startup Revolutionizing Steem! |
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A Worldwide Crypto Society! | Awesome Steem Witnesses! |
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@TheCryptoDrive, @Ausbitbank & @TheMarkyMark |
Yes! Agreed 100%! Been powering up this entire crash. Got +$2500 SP. Looking to get to +$10,000 on the cheap!! Boom!!
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Shh, don't tell anyone yet... I'm still accumulating Steem on the cheap! 😉
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Steem has enormous potential. It's only a matter of time before it takes over. What other coin can boast of these features?
The nonsense receiving thing is just messed up. A single mistake and the money is gone.
Steem is bliss
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I hope you are right, I have decided that for the foreseeable future I will be buying steem to power up. I am not making much on my posts right now, but I am enjoying the platform and I have big hopes for it in the coming year. I have gotten 8 friends to sign up so far :)
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Not investment advice, but wait for the Tether nonsense to blow up/blow over and for a few major exchanges to collapse/get raided before you plow your hard-earned money into a Tether/crooked exchange inflated ecosystem.
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Thank you, @steembusiness.
I agree with you. Yet, Steem has continues inflation that is putting pressure on its price.
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It will go to the moon !!!
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Giving a bit of a preview to my article tomorrow morning....but I need to add this...
It is a utility token.
Very important...that is what will be hot throughout 2018.
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I will be looking out for you article in the morning, because at this point, I am a bit unclear about utility tokens vs. security tokens. I understand that the STEEM blockchain works but I need further studies about why it works so I may be a more accurate ambassador.
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The utility coin in this instance is based upon use.
Those are the ones where there is a blockchain where the tokens are being used for the purpose they were designed for.
STEEM, as an example, is meant to be given to people for posting, upvoting, and commenting...that is the utility and how people can earn them.
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Which ones are other good utility tokens?
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Ok, whew. That was the conclusion that I came to after looking up the actual terminology, but it seemed a bit too...straightforward? for explaining utility for something technically complex. Gotta work on my confidence for the amount of time I've been putting in to understanding the technology. Still, looking forward to checking out more valuable content.
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Sure..thats the main reason am here on steemit trying to make more steem as possible because i definitely know steem will have its own time of mooning in the cryptosphere,so its wise you just accumulate instead of withdrawal and trading and using cash to buy crypto currencies thats dont have a speculative value in future..thanks for the update and reminder..
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Good
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YEEEESSS!!!!
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Do you recommend to exchange our sbd for steem right now?
I have been waiting for a better rate so I can get more steem for my sbd, but I am not sure if I should keep waiting or not?
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what do you think it'll be by Dec?
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Right! I do believe this amazing plateform will be the top 1 soon. It is obvious by seeing people enjoying on the plateform
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@steembusiness I can feel it all through out my bones that STEEM is going to be very good to us in 2018 !
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Beautiful post.
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Out of this world post and advice my Friend! I'm a HUGE believer in Steem and the GREAT Steemit Community! It is going to be a PHENOMENAL year for both! All the best! Positive Energy! Great Karma! Your Friend @extraterrestrial :)
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U have my vote and my support. Great writing.
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Steem (And SteemIt) are off to a bright start in terms of becoming important players in the social media market, but there's a couple of major problems that need to be tackled:
Bot abuse / spam
Zero transaction fees make spamming way too easy, and far too profitable. While there are some measures being taken to reduce fake signups, there's a significant number of "dummy accounts" posting to the blockchain without doing anything useful. These abuses need to be slowed/stopped in order for the platform to be more appealing to new users. This is also creating major bandwidth issues, which will likely be exacerbated as more users get on board with the platform.
Accessibility
SteemIt requires a fair amount of research before a user can understand its various currencies, payout models and rules. More needs to be done to simplify the platform for newbies who may not be familiar with cryptocurrencies. Presently the platform is great for content creators looking to make profit, but it doesn't serve viewers / subscribers well unless they are also content creators.
I have no doubt in my mind that Steem will do well and see incredible growth over the coming years, but there are some issues that are hurting user retention and could definitely use more attention.
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