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RE: STEEM bitcoin monero cryptocurrency report by Craig Grant - August 23, 2016

in #steem8 years ago (edited)

As far as I can see, you seem to be a bit worried about the current Steemit situation. But let me put out a nice fact:

  • May 23rd Steemit had 1360 Users!
  • August 23rd Steemit has 73.200 and counting!
    (Three months difference!)

But unfortunately there is reason for concern, while the number of users is growing, the number of active users Is stagnating, even going low. I mean, 5,448 active in the past 24hrs... This is something to worry about, but if you look at the bigger picture It's not that bad. Also, a another great video Craig, keep them coming! :)

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in the past 24 hours there's been 1800 active users with over $40 in steem power, the average was 1500 last week. A week from now if the active users with over $40 in steem power is more than 1800, that is something to smile about

I remember your account worth 50k to 60k you used to say you gonna buy a jet ski...
even though you put more steem power it's down to 35k :/

60k when the price of steem was $3.50, if the price of steem goes to $3.50 next week my account will be worth $90,000. But I think the price of steem could average $2 for years to come, and that is perfect for those who have steem power

Yes, I'm keeping an eye on that data as well and indeed that is something to smile about! :))

As long as you haven't gone "all in" in steemit you'll be fine. Two major blockchain social media competitors about to release this year so time will tell if Steemit is the blockchain version of MySpace. Exciting times for all!

Monero will hit 10-15usd minimum this year and many people have missed the reason why. I'm holding Monero I'll be transparent and we'll see in time how it's going to blow DASH aside.