Steemit Is The Most Undervalued Platform On The Blockchain
The crypto space is getting a lot of attention and the value of Bitcoin reflects it, but what are they missing?
Whenever people talk about crypto, they mention Bitcoin, Ethereum and some of the other big dogs. The ones that get a lot of attention.
Crypto figure heads post about technologies that are in the process of being built. People like Roanoke College alumnus John McAfee.
- https://twitter.com/officialmcafee
One platform and crypto that you never hear about is Steemit, but it could be the most valuable of all of them and here is why.
1. Steemit Is An Easy Entry Into Crypto
There are all kinds of people on Steemit and everyone's technological skills vary. There are some very talented people on Steemit that completely understand the blockchain and creating to make it better. There are some people who are the top investors in the crypto space. Then there are people that just like blogging and making a little crypto on the side.
All crypto takes some learning and understanding... all except Steemit. Steemit is the easiest way to start making cryptocurrency without knowing any technical stuff.
2. Thriving Crypto Community
Steemit is possibly the largest active user-base in the crypto space. Everyone on Steemit knows about cryptocurrency and every time we vote, blog or comment we are using the blockchain and exchanging crypto. There are so many cryptos that are worth so much more, but don't have an active user base. Steemit's is large and continuing to grow.
There are literally 10's of thousands of people using the blockchain on Steemit everyday. Compare that to Bitcoin Cash which has virtually no active user-base and the value of BCC is over $29 BILLION!!!
3. The Information
As new people come to learn about crypto they will search online. Many people will find answers to their questions on Steemit. The amount of information about crypto that is on Steemit is staggering and growing every day. As traffic grows on the site, the value of the platform will increase too. So the better content we put out, we help the long-term growth of the site itself.
There are very few places on the Internet that have as much information about crypto as Steemit. As the space grows, so should the value of Steem.
(all gifs from www.giphy.com)
To me, it is clear that Steemit is one of the most undervalued coins in the crypto space. So it doesn't matter if you are a killer whale or a baby minnow, you are way ahead of the curve and if you keep active, your time investment will pay off.
Do you agree or disagree? Let me know in the comments below.
Thanks for reading.
Yes i agree, and with SBD at $10, it will attract more people to gain steem power and increase the value of steem also. But there could be a downside, because it's free entry to the crypto, many people do not invest anything to buy steem, and just uploading contents to earn steem, therefore more money going out than going in
It's true a lot of people take SBD out of Steemit, but there are a lot of people that dump a couple grand when they start to get a jump start. I can name at least 5 personally that have done that. If SBD keeps going up then people will invest more in SP and STEEM to be able to get more rewards. It is concerning to some degree, but also expected. I hope it doesn't see enough flow out that the flow in is damaged. Thanks for the great reply.
Maybe someone is pumping sbd prices to 10 dollars to attract more people. In order to earn sbd you need steem power. So it might work well and increase steem price
I was thinking something like that. I was also thinking of people pumping the price before the Vice Fork. I have not heard much, but we are supposed to get an airdrop if vice forks.
right steemit is the most online money earnig site and blockchain is the best cryptocurrency in the world thanks for shering you got a new follower @walkingkeys
Thank you very much. I couldn't agree more. Thanks for reading.
You raise some valid points. But I think steemit is def making some headway!
This post has been deemed resteem & upvote worthy by your friendly @eastcoaststeem ran by @chelsea88 (not a bot)
Thank you so much Eastcoaststeem and chelsea88! I appreciate it. It is making some headway but I have yet to hear it on CNBC. lol. I think we still have a long way to go. As always, I appreciate your feedback.
Did you mean..
Ok, just kidding 😁
But I agree that Steemit is the easiest way for an average user to get into crypto; No extended technical skills nor knowledge needed!
Of course I was talking about Dogecoin. lol Thanks for the reply.
Thanks and i agree with you..i think many people use steemit account but there are highly problem of english lagnguage skell...thanks for sharing...
I hope jumping in early will help me. I mean being active is okay but unless I invest real cash I wont make any progress. It's getting harder and hard to even get my posts view especially when people use the bots and those who just post what they have from yoututbe are already taking over. Posting content is not enough at all. So I'm not quite sure what to do besides go along for the ride.
My man, I checked out your profile and you just have not put in enough work to stat seeing results. I bought 7 STEEM two weeks in with some leftover Bitcoin on Bittrex and powered it up. Other than that, I did it from scratch, just by posting. But you have to put in the work. I really hope you get active again because I watched your video and you are a very interesting guy. You could do well if you just stick with it.