Watch Vlog #80: STEEM price thoughts + Dtube arrived at the right time in history. video on DTube
This morning when I woke up I saw that the Steem price had gone up nicely.
I thought that was funny because not long ago I made a video about it where I said that Steem has these long periods of downtrend before it pumps when you least expect it.
I guess yesterday was that day.
What didn't make me happy though was the fact it wasn't just STEEM that went up but also a lot of coins I don't even know. (on Bittrex).
I'm assuming, therefore, it was just Bitcoin profits looking for a new (temporary?) home.
I want people to invest in STEEM because they believe it but this feels more like speculation.
Not that it matters to me. These ups and downs. I'm invested for years.
I look at the growth and when I look at Steemit I see it. Not only in users but also in development.
Dtube being the newest addition and what a gem it!
I talk about it more in my vlog.
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Great vlog brother. You bring up a point that I've pondered on quite a bit. How long will it take to get enough long term holders of Steem in Steem Power to make a meaningful move higher in price and then sustain it? The price increase was great today, but as soon as saw the volume over 4 million USD, I saw it as a traders rally. There's not enough strong hands that are willing to hold long term in Steem presently, but as time goes by I think that will change.
One thing that I think has hurt Steemit is that there are so many videos and articles pumping how much you can make from blogging and then showing the trending page showing posts making hundreds or thousands of dollars. I know these folks love Steemit and are pumped to spread the word, but I think that's the wrong way to promote Steemit and just sets newcomers up for failure and disappointment by promoting a "get rich quick" mindset . I've read on countless forums and videos comments from people bashing Steemit b/c they say it's impossible to make money and is a scam. Nothing could be further from the truth. The Steem block chain can be used in various ways as a personal financial product along with being a blogging website. I think Dtube will help further this cause of getting people out of the mind set that Steemit is just for bloggers and is ran by a few whales that keep all the profit for themselves. I remember when I first joined and was doing my due diligence, I was coming across all these negative posts or forums and such, and I was thinking to myself, what the hell have I gotten into, but this was my first introduction to crypto and I was determined to learn all I could. Now 3 months later I truly realize that Steemit is simply massively misunderstood. It has so many social uses, but even more monetary uses that nobody seems to talk about. I believe the people who stay for the long term will be able to better shape the true utility and image of Steemit to better educate new users when in fact it's time to leave Beta and scale to the masses. We believe in Steemit b/c we've stayed to watch the movie, we didn't leave during the opening credits, we just need to be a steadying hand to show others all Steemit truly has to offer and get them to stay for the whole movie.
With Dtube, I think it's amazing and could be just what the Dr. ordered for Steem, but I do really worry about violating copyright law. I know they take it very seriously and fear it could cause trouble for Steem down the road. We'll just have to figure out the best way to solve this problem. As for the child pornography, that is repulsive and utterly contemptible. This is something I know this community will fight and not stand for.
The steem price has went up considerably. I guess my accumulation will be slower now. Steem is $1.60 on some exchanges which is pretty crazy. I guess we may see some of those '$5 steem by the end of the year' goals coming true.
I'm glad that you keep us involved during steemfat. It definitely has had a positive influence on me and I've been trying to cut down on the junk that I consume on the day to day basis.
It is great to see that people are not converting all their money into fiat and that the money is staying in the markets.
Steem has so many unique features which no other platform has. Thousands are joining everyday and that will keep increasing exponentially as time goes on.
I saw the post about that guy uploading child pornography. At least we have the community to battle it but that is the one downfalls of decentralisation but there are pros and cons for both sides and we have to learn how to deal with it.
It seems like YouTube value sponsors more than their community. Now DTube will give some good competition and maybe we will one day see the comedown of YouTube as people migrate to youtube.
I hope you have a great nights sleep @exyle! :)
I had a perfect night sleep man, thanks :)
That is the thing with steem, it will never really drop much because every time the price goes down below a dollar we see it as a perfect opportunity to pump out steem power so demand goes up and also the price:
Nice video @exyle sir, i must say that this is the beauty of crypto currencies some days up some days down this makes trading even more interesting and in my opinion with the increasing amount of steemit accounts more peoples are willing to increase their steem power so resulting in the increase of steem rate and with the addition of D-Tube i think now our problem of uploading our videos in steemit is solved.
Hard to predict, from facts I've seen - Steem is very stable currency. For some people it is an advantage, for others the other way around. It all depends on how do you use it.
Are you the same as me and the top ten of bittrex these days is like unknown territory when it comes to coins, so many new and seemingly popular ones!
Yes! It's hard to follow them all tbh.
Hi Mark, @exyle I can't get Dtube videos to play...even my own! 🙁
It happens to me from time to as well. They are working now. But I can't upload today. I have faith it will be fixed. It's only a couple of weeks old in the end.
steem is really high today and hope it will contniu go more high and also dtube is best option for steemians and hope it take over the youtube bcz the bad behaviour of youtube to dont montize the videos of many perosns and sure also steemit take over to facebook after a time.....steem will more powerfull and a high price bcz flood of newbies in steemit and many attention of mostly crypto worlds people in steemit increasing....also thanx to talk on it and give ur reviews @exyle sir
Tnx for sharing @exyle
And i agree. Steem is curently stagnated but when it wil open to the masses it wil grow fast.
Steem is a very strong currency and has a great future
thanks for sharing
Steem is awesome think i'm gonna buy some to power up and long term hold, it will be one of the very few coins i will hold for years.
Good post as always :)
Steem is a very solid coin with a promising future
Short but good read! I think steem price will continue to increase so that means we'll continue to be happy one family in steemit =D
in morning i try to convert sbd to steem the price was reaching the sky :p
The number of transactions a day goes by a lot, much more than other coins. This indicates that Steem is in demand.
Steem awaits a good future, it's just a matter of time
It's hard to say, it's a long climb or just a pamp.
And now it's going down again... ^.^
What do you think is responsible for steem price drop@exyle?
Nice video @exyle sir, Seems like steem is on an uptrend now despite the short dump, now we can able to upload our videos in steemit with the use of D-tube I am really excited to join this new Video Community of steemit.
Dtube is the next gen youtube... with more potential....
nice post...
upvoted and followed...!!!
Sorry. I am still having trouble viewing the videos on Dtube. I can watch some but not others. It is rather frustrating...
hold your steem. this is a sleeping giant. everyone wake this giant up. Boom :)
All content creators have to get on dtube asap!
It's easy to rank in the hot and trending right now.
I am hoping I will boost my exposurer from getting on dtube early 😉👍
yes you are right Dtube is great improvement in steemit and its the time to invest in steem because the future of steem is bright Cheer :-)
I even remember the days when bitcoin was 0.01$ and nobody cared about it, people just thought it was scam or some ponzi scheme. But time rewards everything and now we know who hold its hand since the very beginning are the most affluential people right now. Dtube is in the starting phase right now and it will be seeing great improvments in the upcoming days and we will see this decentralize social media platform changing the life of millions of users like never before.
good to see steem prices going up but d tube is making me sick can't even watch properly sorry for commenting again but wanted to see vlog but nah cant even watch properly
Great topic Thanks for sharing