The World of Cryptocurrency - Steem Steams

in #steem7 years ago (edited)

World market can't ignore Bitcoin nowadays, in fact, many businesses were already part of the bitcoin network system plus you and me and our fellow cryptonians who were numbered into millions who are users and investors of this virtual currency. Wall street huge firms are now showing interest in this Bitcoin mania. But so many critics that bitcoin is a bubble and will burst soon but in spite criticizing Bitcoin, it still surges up reaching $19k+ as of this writing. Even the influential banker James Dimon criticized bitcoin so much that he even called stupid those who are engaging in it but suddenly his firm JPMorgan declared that they were considering bitcoin through the CME's Future markets. Bitcoin now is in the limelight where critics only saw the negative side of it and even they perceive things that will lead the downfall of bitcoin. But to us, the cryptonians only saw the positive side of it and we are now enjoying the impressive run of Bitcoin.

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On the other side of crypto-world, steem is on the runway and started to surge up. It was several months that steem crawling below $1 and now as of this writing, it's already $2.11 and still rising. I'm a bit regretful about why I didn't take advantage when steem is just below $1. I'm always investing on ICO's which is also less than a dollar per coin and I disregard steem thinking that it will just stay $1 and I was totally wrong. But it's not too late to invest in steem, it is just starting to fly and maybe soon it will hit $10 per steem - who knows, only time will tell.

SBD (Steem Dollars) have much impressive run compared to steem. Just a few months ago, both were in the $1 mark but SBD surges up higher than steem reaching a mark of $11.

These will really encourage us steemians to do more since we see a brighter steem ahead.


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Just go with the greed jealousy and fear thing. Somewhere in between
breathing out and breathing in...

In the last week many MSM channels have been reporting on bitcoin; imagine that... they're taking notice when it hits 17k and was introduced on the cboe six days ago... BUT... every financial advisor calls btc a "bubble, not for the light-hearted and a risk.
Excuse me.,, so is the stock market in general.

Financial advisors and experts are clueless about cryptocurrencies. Saw the interview with the wrinklevonn brothers too. Quite informative.

They are just too fast to criticize bitcoin without even studying what really bitcoin is. They judge quickly due to its being virtual and no backed gold or anything on it. But they didnt realize that millions of people were backing it up thru the p2p system.

@elizahfhaye glad to read that wall street is showing interest in Bitcoin. more great news that Steem is going well. All the best to cryptonian holder. Best of luck to all of us keep sharing. Upvoted & Resteemed

They cant ignore the buzz that bitcoin makes. Everybody joined the bitcoin bandwagon and this will widen the scope of their business if they will engage into it. 😄

yes it will certainly widen their business. keep sharing nice stuff. @elizahfhaye

yes unfortunately lol

😄

Bitcoin is blind to criticism, it only responds to the market forces of demand and supply. Some of them will critise I the public and buy in their private.

Yup, i agree with you. I have some friends like that also 🤣

I am really glad I got into the world of steem last week and I am looking forward to what the future brings! I am just a little skeptical on an increased popularity. Won't the site become less user friendly when more people start posting their story? I think now the "new" tab is crowded with new posts and it is hard to find really good content. I am afraid it will be more difficult to get seen and to separate quality from crap :)

There is a bright future in steemit :)

I am a Steemit lover. Steem will follow the trend of Bitcoin. Happy to a part of Steemit community.

Hopefully steem will surge as bitcoin :)

@elizahfhaye
good work in the article.keep it up

Thanks 😄

This post has received a 23.19 % upvote, thanks to: @elizahfhaye.

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