I believe that in the next crypto bull market Steem will also receive it's share of love along with the rest of the market.
In that scenario, new users should also be incentivized to join the platforms built upon Steem.
Weather the teams running the development of the platforms will be able to capitalize on that opportunity remains to be seen, so I consider it a higher risk investment than BTC for example.
But the upside potential is quite big in my opinion seeing as Steemit currently only has a few hundred thousand active users.
I will be posting a more in depth technical analysis of the Steem charts within the next few weeks.
I already have ! :-)
I believe that in the next crypto bull market Steem will also receive it's share of love along with the rest of the market.
In that scenario, new users should also be incentivized to join the platforms built upon Steem.
Weather the teams running the development of the platforms will be able to capitalize on that opportunity remains to be seen, so I consider it a higher risk investment than BTC for example.
But the upside potential is quite big in my opinion seeing as Steemit currently only has a few hundred thousand active users.
I will be posting a more in depth technical analysis of the Steem charts within the next few weeks.