Day 6 of Why STEEM is Undervalued
I have put this presentation together to explain the value of STEEM
This is the final part of Why STEEM is Undervalued.
If you haven't read Day 1, Day 2, Day 3, or Day 4 here is the link to those blogs:
https://steemit.com/steemit/@socky/day-1-of-why-steem-is-unervalued
https://steemit.com/steemit/@socky/day-2-of-why-steem-is-undervalued
https://steemit.com/steemit/@socky/day-3-of-why-steem-is-undervalued
https://steemit.com/steemit/@socky/day-4-of-why-steem-is-undervalued
https://steemit.com/steemit/@socky/day-5-of-why-steem-is-undervalued
Great articles. Am new on steemit and i just learnt alot from reading day1 to day 6 Especially how steem price can increase by bringing corporations to invest. Resteemed.
I’m glad you found it useful. The key to make money is to invest money. Don’t rely on scraps from other people. That is the most important advice.
Thanks @socky. I will keep this in mind
What companies don't realize is that holding Steem earns you Steem power... more influence in your Steemit activity
Steemit is still quite small. Businesses just don’t know that they are missing out... yet
The whole concept of adopting Steem is to be among the pioneers... there are guaranteed benefits for businesses. In addition, In my opinion, it is the fastest growing social media platform in terms of adoption, tech, and content.
Steem will shoot guys, with time we will all benefit. There is a lot happening and it's not easy to keep up to date with the latest.
Lets keep building our steem power and hold our position.
Thanks @socky for sharing your knowledge with us!
You are welcome. I’m holding and building SP just like you said.
I think the real value in Steem is the social network in which people can post about other things, but in the backround we're all into crypto. Most of the posts I've seen on here have nothing to do with crypto and I doubt the authors would run dedicated crypto blogs...The value is in the use case and popularity.
I agree. Value will grow exponentially with the number of active users. There are several formulas to estimate value, but they are all exponential. Since there is very little infrastructure costs, the price will closely mimic value. In other words expect about 4x price when the number of active users double.
What is the ROI of Steemit? If one were to explore the costs that the witnesses incur compared to the output?
It really depends on what you want to do. If you delegate your voting power from your SP let’s say at minnowbooster, you can easily get 20% APR or more for doing absolutely nothing. You can earn more if you blog a bunch.
I just wish to report that at present Bitcoin is down by -1.29%
The Buying Rate is $ 9970. 86 Selling Rate at $ 9918.09
Steem $ is trading at Buying Rate $3.82 Selling Rate $3.62
A drop of -6.23%
nice click
nice job