I quite like the fact that steem is somewhat less volatile and/or erratic than some of the other alt coins. Long term investment and all :) I only joined steemit a few months ago, so was oblivious to what had happened on March 16th and just prior. Interesting info :)
Steem is definitely a great long term hold. Once the site gets a facelift, and the user experience becomes easier, the price of steem could definitely enter a long term bull run.
Really informative - Many-many nuances in the over all history of steem that I didn't really know. Resteemed/ Thanks for your time and efforts/info/thoughts @dan-atstarlite
I think you nail it, the movement of crypto in general seem to more base on speculation and sentiment, not necessarily what is happening with the company associated with it. Another aspect as to do with its support base, Steemit seems to have its faithful that would step in and buy if the prices go below a certain level, the are quite a few silent whales with reputation of 25 that are quite active on the market, you only realize they are around when they give you an upvote and then you look at their wallets, and realize that person just bought a shit load of Steem power. Quite a few folks are optimistic and awaiting to see how things unfold but think we enter a bear market a week after HF19 followed by some negative sentiment coming from some youtubers who weren't happy with the flags they received and encouraged selling. It's been up and down since, haven't really jump out of the words as yet. Probably moving forward, they should explore additional markets to list their coins like Bithumb and have a clear roadmap, this should help spark some fire. I await to see the much needed face-lift and on the back-end the up and down nodes need to sorted out, probably get a dedicated team working on that. Once they get things off the ground, this probably would help with positive sentiment and a lift in price. I used to believe it moved with Bitcoin but clearly that hypothesis is off, but I tell you one thing, those silent Whales are active on the market.
Always trying to add value, check out some of my latest post, fresh perspective as Bitcoin approaches the marketcap of Goldman Sachs, most people haven't pick up on it as yet and I also believe the the financial market makers would let Gold and Silver go for a run as the cryptocurrency has gain to much traction and eaten away on market space, spoke all about it...I appreciate your comments here
Yeah I think some of those rep 25 whales are new investors but I also think a lot of them are just bigger whales moving funds into a bunch of smaller accounts. I agree also about the additional markets... that would help... I hear Jaxx is prob gonna happen. That would be a nice step towards giving STEEM a life outside of social media.
Thanks for the history! As a minnow, I am fairly new to steemit and cyypto, so this helps put things in perspective. If I had the money to invest, I'd put al bets on steem! Just an intuitive feeling.
i never realized there were so many hardforks... honestly i understand very little, but thanks for the perspective. yeah, it sounds like the cumulative effect of people throwing money at diff. coins. esteem and new communities are cool... i didn't know new people were being hired, i'd like to see a post about that. ty
Great insight Dan, I really like this type of content, it helps me put things into prospective and how many factor affect Steem
Always a pleasure! 😎
I quite like the fact that steem is somewhat less volatile and/or erratic than some of the other alt coins. Long term investment and all :) I only joined steemit a few months ago, so was oblivious to what had happened on March 16th and just prior. Interesting info :)
ps. Love the setting for the video :)
Thanks! Yeah, I figure since we're all staring at computer screens all day, the least I can do is show a little nature.
hahahaha true damn story! lol :D
LOL
#DigitalDetox series I run on here, needs you for an appearance Daniel-Son
Dan is a beaut!
Welcome to the Wild West of Crypto sister.
LOL
dtube should help push the price of steem or is it responsible for the recent run already?
I personally doubt it's factored into the price at all. Eventually it will though if adoption continues!
Steem is definitely a great long term hold. Once the site gets a facelift, and the user experience becomes easier, the price of steem could definitely enter a long term bull run.
And the senery is great!
Thanks 🌳🌲🐿
Great video. I look forward to you breaking down the new white paper for all of us.
Thanks! That's the plan!
I think the most exciting new development is Dtube. No longer needing to host videos on YouTube. And being able to earn steem on video posts.
Yeah, I need to take a night and figure out how to use it!
Super simple - I think you will like it.
Really informative - Many-many nuances in the over all history of steem that I didn't really know. Resteemed/ Thanks for your time and efforts/info/thoughts @dan-atstarlite
Thanks again @artwatch 😎
I think you nail it, the movement of crypto in general seem to more base on speculation and sentiment, not necessarily what is happening with the company associated with it. Another aspect as to do with its support base, Steemit seems to have its faithful that would step in and buy if the prices go below a certain level, the are quite a few silent whales with reputation of 25 that are quite active on the market, you only realize they are around when they give you an upvote and then you look at their wallets, and realize that person just bought a shit load of Steem power. Quite a few folks are optimistic and awaiting to see how things unfold but think we enter a bear market a week after HF19 followed by some negative sentiment coming from some youtubers who weren't happy with the flags they received and encouraged selling. It's been up and down since, haven't really jump out of the words as yet. Probably moving forward, they should explore additional markets to list their coins like Bithumb and have a clear roadmap, this should help spark some fire. I await to see the much needed face-lift and on the back-end the up and down nodes need to sorted out, probably get a dedicated team working on that. Once they get things off the ground, this probably would help with positive sentiment and a lift in price. I used to believe it moved with Bitcoin but clearly that hypothesis is off, but I tell you one thing, those silent Whales are active on the market.
I've not heard from you in awhile DM but there you go making top quality comments as always.
That's what I know about you!
Well said, my man
Always trying to add value, check out some of my latest post, fresh perspective as Bitcoin approaches the marketcap of Goldman Sachs, most people haven't pick up on it as yet and I also believe the the financial market makers would let Gold and Silver go for a run as the cryptocurrency has gain to much traction and eaten away on market space, spoke all about it...I appreciate your comments here
Yeah I think some of those rep 25 whales are new investors but I also think a lot of them are just bigger whales moving funds into a bunch of smaller accounts. I agree also about the additional markets... that would help... I hear Jaxx is prob gonna happen. That would be a nice step towards giving STEEM a life outside of social media.
Certainly it would be a move in the right direction
Thanks for the history! As a minnow, I am fairly new to steemit and cyypto, so this helps put things in perspective. If I had the money to invest, I'd put al bets on steem! Just an intuitive feeling.
I have the same feeling 😎
:)
i never realized there were so many hardforks... honestly i understand very little, but thanks for the perspective. yeah, it sounds like the cumulative effect of people throwing money at diff. coins. esteem and new communities are cool... i didn't know new people were being hired, i'd like to see a post about that. ty
Dan always has gold nuggets of info.