fingers crossed :) but what about SBDs... if Steem is going to 100$, is it going to follow the same trend? i'm still struggling to understand the relationship between both tokens.
When I read the white paper it said sbd is supposed to be pegged to the dollar?? Do you know why it keeps going up and up? Don't get me wrong, i love it, i just think if it ever goes back down to the pegged dollar that lots of people will quit steemit. Its was way harder to make money with sbd that way!
That's exactly what I thought but it must be a misunderstanding from our side as I watched an interview with Dan where he clearly stated that SBD isn't pegged to USD but rather offers a guarantee that it will never fall below 1 USD as you will always be able to convert 1SBD to 1$ worth of STEEM.
oh, well that is really great news to hear! Ive been sitting here wondering when it was going to crash back down to a dollar. Although after this most recent correction when it didn't fall any further down I kind of figured we were at its lowest. Thanks for the update. :)
Yep, supply and demand is bringing us up as Korea is pumping insane amount of cash into SBD in the past couple of days. Wouldn't be surprised to see steem above 10$ again.
Im a long term holder when it comes to steem.. i actually joined steemit because i read the whitepaper and thought it was amazing. The fact that i could collect steem for blogging made me realize the value here. I havemt used any of my own money but i have also never spent a single dollar i have earned. I think ill wait till it goes to the moon before i start taking payments., for now its save save save.. 😉
Thank you very much for this article. I did not know the details of upcoming hardfork 20. Do you know if that will be the start of the SMTs as well? I am personally convinced that the SMT will be the ones that kick us to the moon. I myself have an Ethereum based token project which I am eager waiting to move to the steem blockchain.
I think that many will love to use steem for ICOs - but most of the steam available not liquid but powered up - so liquidity is quite small. Any inflow of money from ICO investors might thus catapult us to 100 USD or above.
Part of the project are some smart contract based business models, which are supposed to generate an increasing value for coin holders over time - I am not so sure from what I have read if it will be able to do this based on steem. But let's see.
I have no idea, Koreans are doing some crazy shit right now. Yesterday flow of steem and sbd was around 200M ni 24 hours, 90% of that was Korea.
Now Steem volumes are down while SBD is up and continues to increase in both volume and price. Think we should wait and see as the sbd/steem ratio might go even higher if this trend continues.
100$ per STEEM looks unrealistic for this steem market cap has to be almost 20billion $ but we can not un rule this completely may be in log run this is very possible
Considering Steem is one of the most successful block-chains to date. 100$ seems reasonable. Not Next week of course. But in a few years, this platform could definitely be a game changer.
Not if you take in consideration all the SMTs and projects evolving on top of the Steem blockchain. + we are just 50k users now, imagine the market cap when we will have 10's of millions of users :)
if you want to see a great video explaining many reasons why steemit is so undervalued check out @raised2b, he put out a great video about 6 days ago :)
you aren't taking into consideration that most steem is locked up in the steemit platform. that makes the numbers way different than what you think they are (kind of how ripple can be worth so much even tho they have so many coins).. check out the video by @raised2b about why steem is so undervalued and he will do a great job of explaining why $100 a token should be easily doable this year.
you forgot to mention zapple, its up and running. i always say steem is the most versatile blockchain existing right now, and like a volcano its about to erupt soon. there are so many good apps on the blockchain and it takes just one to be very successful to drag steem up to the moon
The impatient one wouldn't have that time to store steem for a month especially some nigerians mentality who see steem as just making money by selling selling and selling..your post is extremely educative......i will begin to store some steem.....
@runicar I really like this POST and the price of STEEM will grow immensely and I agree with you that it could be Sooner than most people think...............
I'm happy at the growth rate of the community. I also like your idea of posting really good content, such that non steemians will visit to read. For $100 per steem, how soon do we think we can achieve that?
I just wrote an article 6 days ago about steem/steemit more for newbies to understand, not so technical like this post (which is way better than mine lol). In that article I also said that steem would go to $100 this year, and honestly i thought I was low balling that ;) not many people realize the true capabilities of the steem network. thanks for leaving such a great article to help explain things more to people. knowledge is power! following
Excellent your analysis Thanks for the information of the new platforms.
Of course! We must continue working to contribute to the growth of Steemit. Good things are coming
I started steemit 2weeks ago and i have already introduced more than 30 friends, i currently have a team of steemians in my university that is always trying to bring awareness to people. Steemit has been a life changer, i can now support myself in school 🙂
fingers crossed :) but what about SBDs... if Steem is going to 100$, is it going to follow the same trend? i'm still struggling to understand the relationship between both tokens.
The only relationship that I understand is that when SBD goes up, Steem follows. Think it goes both ways though.
SBD will also go sky high IMO as we will have many users that wan't to pay for upvotes or other services.
When I read the white paper it said sbd is supposed to be pegged to the dollar?? Do you know why it keeps going up and up? Don't get me wrong, i love it, i just think if it ever goes back down to the pegged dollar that lots of people will quit steemit. Its was way harder to make money with sbd that way!
That's exactly what I thought but it must be a misunderstanding from our side as I watched an interview with Dan where he clearly stated that SBD isn't pegged to USD but rather offers a guarantee that it will never fall below 1 USD as you will always be able to convert 1SBD to 1$ worth of STEEM.
oh, well that is really great news to hear! Ive been sitting here wondering when it was going to crash back down to a dollar. Although after this most recent correction when it didn't fall any further down I kind of figured we were at its lowest. Thanks for the update. :)
Yep, supply and demand is bringing us up as Korea is pumping insane amount of cash into SBD in the past couple of days. Wouldn't be surprised to see steem above 10$ again.
Stack some as it will probably go up :)
Im a long term holder when it comes to steem.. i actually joined steemit because i read the whitepaper and thought it was amazing. The fact that i could collect steem for blogging made me realize the value here. I havemt used any of my own money but i have also never spent a single dollar i have earned. I think ill wait till it goes to the moon before i start taking payments., for now its save save save.. 😉
Thank you very much for this article. I did not know the details of upcoming hardfork 20. Do you know if that will be the start of the SMTs as well? I am personally convinced that the SMT will be the ones that kick us to the moon. I myself have an Ethereum based token project which I am eager waiting to move to the steem blockchain.
I think that many will love to use steem for ICOs - but most of the steam available not liquid but powered up - so liquidity is quite small. Any inflow of money from ICO investors might thus catapult us to 100 USD or above.
I think so. There is not much information about the updates and it's really frustrating from time to time. Hope they implement it soon.
What kind of project are you working on?
Glad to hear you will switch to Steem :)
We are trying to revive the good old German Mark as a crypto currency. The project homepage is here:
http://www.crypto-mark.de/en/about-crypto-mark-2/
Part of the project are some smart contract based business models, which are supposed to generate an increasing value for coin holders over time - I am not so sure from what I have read if it will be able to do this based on steem. But let's see.
Should we transfer all sbd to sp, sbd is going up while steem value is curently in status quo.
I have no idea, Koreans are doing some crazy shit right now. Yesterday flow of steem and sbd was around 200M ni 24 hours, 90% of that was Korea.
Now Steem volumes are down while SBD is up and continues to increase in both volume and price. Think we should wait and see as the sbd/steem ratio might go even higher if this trend continues.
100$ per STEEM looks unrealistic for this steem market cap has to be almost 20billion $ but we can not un rule this completely may be in log run this is very possible
Considering Steem is one of the most successful block-chains to date. 100$ seems reasonable. Not Next week of course. But in a few years, this platform could definitely be a game changer.
Yep, I don't understand how we are so under the radar still. Not many people get it that Steem is the best performing blockchain out there.
Not if you take in consideration all the SMTs and projects evolving on top of the Steem blockchain. + we are just 50k users now, imagine the market cap when we will have 10's of millions of users :)
if you want to see a great video explaining many reasons why steemit is so undervalued check out @raised2b, he put out a great video about 6 days ago :)
yup but steemit already reached 500k users i think a new wave of users will come to join platform after new rise in value of steem and sbd
500k is the number of accounts, active users are only 50 or 60k
yup exactly :)
you aren't taking into consideration that most steem is locked up in the steemit platform. that makes the numbers way different than what you think they are (kind of how ripple can be worth so much even tho they have so many coins).. check out the video by @raised2b about why steem is so undervalued and he will do a great job of explaining why $100 a token should be easily doable this year.
Yep, exciting times to be a steemian and stacking steem :) But still we must hurry before it explodes.
you forgot to mention zapple, its up and running. i always say steem is the most versatile blockchain existing right now, and like a volcano its about to erupt soon. there are so many good apps on the blockchain and it takes just one to be very successful to drag steem up to the moon
Thanks for bringing that up, completely forgot about it and I'm sure there are many more that I'm not yet aware of. Updated :)
Couple of months - a year. No one knows but the longer it takes the better as we get a chance to stack more Steem :)
Yeah!
The impatient one wouldn't have that time to store steem for a month especially some nigerians mentality who see steem as just making money by selling selling and selling..your post is extremely educative......i will begin to store some steem.....
@runicar I really like this POST and the price of STEEM will grow immensely and I agree with you that it could be Sooner than most people think...............
Excellent your analysis.
Very nic
awesome photo
I'm happy at the growth rate of the community. I also like your idea of posting really good content, such that non steemians will visit to read. For $100 per steem, how soon do we think we can achieve that?
Max 1 year :)
I am happy with this steemit,
So mampaat dri his explanation was quite wise
yes its going to be $100 claim it already. Trust the system, I believe it is happening And waiting for it.
Thank for your best shered..
Success is always for you...
Have upvote, followed and resteemed...
I just wrote an article 6 days ago about steem/steemit more for newbies to understand, not so technical like this post (which is way better than mine lol). In that article I also said that steem would go to $100 this year, and honestly i thought I was low balling that ;) not many people realize the true capabilities of the steem network. thanks for leaving such a great article to help explain things more to people. knowledge is power!
following
Excellent your analysis Thanks for the information of the new platforms.
Of course! We must continue working to contribute to the growth of Steemit. Good things are coming
It is realy crazy and unbelivelbel, I hope is no a buble. Down whitch YouTube, Down which Twitter!
I keep my fingers crossed. You are right, with all these great products I see a brilliant future for SMT.
Wahouh ! Thanks for sharing, it's wonderful ! I didn't know APPICS.You have very good arguments.
STEEM TO THE MOON !
Good continuation,
when pls @runicar
Appreciate this post as I didn't know about some of the projects on it, and I definitely didn't know what some of them did.
I started steemit 2weeks ago and i have already introduced more than 30 friends, i currently have a team of steemians in my university that is always trying to bring awareness to people. Steemit has been a life changer, i can now support myself in school 🙂
I gived you somehing like 1$ in few month :D
Sungguh sangat ideal jika harga mencapai 100$ steem , semua orang pasti berharap bisa bergabung bersama steemian . Prediksi arwah mama Loren 2019
I have one question, how will dtube succede if videos last only 7 days?