Vlog 284: BTC breaks $9000 + More activity on the Steem blockchain.
I often use the Daily Stats Report post by @penguinpablo to keep up-to-date about activity on the blockchain.
Check his latest report here.
With the increase in STEEM price we also an increase in Posts and Daily active users.
We are also close to almost a million accounts! (currently 962,716).
What I personally like about the recent uptrend is the bottom this time for STEEM was already pretty high from my perspective @ around $1.50 (I have seen a bottom of $0.07 before).
I feel like a recovery in crypto, in general, has not even started properly yet and we are already back @ $3.20.
A high STEEM price is great for everyone. Content creators, Investors but also Developers.
Developers that monetize the blockchain through beneficiary rewards will be able to afford to pay for development a lot easier with a higher price.
Personally, I believe that development is a key part of increasing the value of the blockchain so that's great.
Pretty exciting times at the moment and lets how the markets develop from here.
As usual, don't forget to take some profits in the uptrend as well.
I talk about it more in my vlog.
I am a witness with our developer group @blockbrothers for the Steem blockchain. If you want to support us I would appreciate your vote here.
We build Steemify a notification app for your Steemit account for iOS.
Get it Here:
▶️ DTube
▶️ IPFS
Happy to see Steem growing steadily, this is just the beginning , Steem has the potential to grow much higher...With a current Market Capital of approximately $844,045,122 and Ranked No.31 on Coinmarketcap , Steem has seen a wonderful ride since the past few weeks and will definitely grow much higher. Remains strong BULLISH!
It looks like a great summer for crypto. :)
Excellent video friend and i am also happy to see nice green days in crypto world especially the steem is doing quite well and no doubt such uptrend is really beneficial for all steem holders and bloggers, i think steem is such a great coin and we will see more good price soon, thanks for sharing your nice thoughts regarding steem and bitcoin with us and wish you all the best in all of your future endeavors! Stay blessed
Agree! At least that’s what it feels like. Even though I wouldn’t be surprised if we went lower. It’s good to be prepared for worst and hope for the best. There is nothing wrong about cashing out some profits. However, I’m not cashing out at all. First, I’m in it for long therm. Second, you cashing out 1% of your portfolio compares to almost my entire investment lol 😆, in this case I think my strategy “not to cash out” is reasonable.
Thanks for your analysis. I also think that uptrend has not even started, let wait until BTC break 10k resistance level. I did trading crypto for a year, but joining Steemit recently. Currently, I'm excited to research on blockchain and how Steem work than trading to get some profit only. I would like to be content creators, investors also developer to contribute Steem commnity more
Yayyy! I thought that BTC was going to fall again back from 9k and that SBD and Steem were going to follow. I'm super glad that it broke. I hope that it'll stay like that until the end of the week at least. <3
Oh yes @exyle, the uptrend is a pleasant surprise for me. Luckily I have been exchanging sbd for steem and powering up. The benefits have been worth the trouble.
I hope the uptrend continues so that we can leverage on the profits. It's just an awesome time to be into crypto.
Wow! I kinda prefer to take the route of using bots for that. I know that there are many who don't agree with that, but I find that it's the most affordable way to power up.
Yeah @cryptosharon, a lot of folks do use bots but I don't use it for personal reasons. I am taking it slow and steady and I am having fun. I am making money too. So it's all good.
I'm happy to see this because I'm always busy doing outreach and the higher prices are more attractive to new members. I'm a little mad that I missed the bottom because I have no EOS and wanted to buy. Im always a little worried about a steem killer lurking in the weeds because I'm all in on steem. I haven't taken any profit yet because I'm not where I want to be but I've learned not to buy on the upswing at least lol. baby steps for me.
Pretty nice growth considering all the important updates haven't come out yet
For almost 2 weeks crypto market is going up. Market cap is now back to $420B++👏. Price of Bitcoin is continuously increasing now at $9200++. I know SBD will be higher than $10 again.🤞😉