RE: Steemit the Tide Has Turned....
Great views on the market and the steemit! Personally, I believe we are still very early in the space with the vast majority of people not even knowing about Bitcoin and cryptocurrencies. That being said though I am getting more questions and calls from people that I was recommending to buy Bitcoin since late 2015 when the price was at 300USD. None of them did but the recent rise in price and media coverage made them to think about it again. I am pretty sure none of them will buy this time either since it is expensive right now and they will wait until price of BTC is 10 grand, lol.... Bitcoin is and always will be expensive. When it comes to Steemit like you say even people from non crypto world are now joining in masses and once we reach 1 million users sometimes next year the snow-ball effect will start and we will see a jump to 10 mil in no time. What do we need though for the price of steem to climb is for the regular user to easily purchase steem straight on the platform using credit card which I do not think is possible right now. We cannot expect people to go and buy BTC on the exchange which then sell for steem. This should really be worked on. Or is there a way to do it that I am not aware of? Like I said we are still very early in the game but the mainstream adoption will slowly start to kick in and the ride will be massive in the next two to three years. Well, just my thoughts.