Why I am sticking to my strong belief that the STEEM Ecosystem is set to become a +$500bn Social Media Powerhouse. Video re-visited..!!
#Promo-Steem - #Steem set to become a +$500 billion Social Media Powerhouse
Back in June of last year I put out a Video Blog where I explained that I strongly believe that the #STEEM Ecosystem is set to become a +$500bn Social Media Powerhouse and 8 months on and I am sticking firmly to my prediction.
For the ones that may not seen the video, here is the link...
Why I strongly believe that the #STEEM Ecosystem is set to become a +$500bn Social Media Powerhouse..!!
Published on Jun 6, 2017 - 8 months on, listen to the predictions..!!
Key Points at the time of making the video
An imminent Target Price for #Steem set at $2.80.
Liquidity flowing into the Cryptocurrency Market at a fast pace.
Cryptocurrency Market recently grown from $20bn to >$100bn at the time of the video and is fast heading for $500bn.
First predicted #Steem to be +$500bn when it was valued at approximately $200m.
How I explain #Steem to be +$500bn by breaking it down into bite-sized chunks.
Measuring Facebook against #Steemit, and why they are two completely different animals.
Comparing the Capital Structure of Facebook to #Steemit.
At the time of the video there was approximately 170,000 users on #Steemit and I explain why these are irrelevant when it comes to valuing #Steem.
How the future of Capital Markets will be valued completely differently from how it is done today.
The Cryptocurrency Market is set to go from $100bn to >$500bn very fast.
At the time of doing the video there was approximately 230,000 floating #Steem available for trade.
Example of 10,000 people each having 23,000 #Steem.
Price at the time of doing the video. #Steem was $2.34 with a Market Capital of ~$500 million.
Explanation that the migration onto the Blockchain is currently underway for the Capital Market.
If you was an investor in your twenties today, what would you invest in.
Target price of $2.80 set in May will be smashed through.
The #Steem Ecosystem is going to completely re-shape the existing Capital Markets.
A little bit out of Facebook, Google, Amazon and Netflix and why $500 billion for #Steem is cheap..!!
At the time there was over 300,000 transactions on the #Steem Blockchain and this growth is exploding.
Backing up my explanation of why #Steem is going to be worth over $500 billion in the future.
$500 billion will be the start, not the end.
Bitcoin was at $2,800 at the time of the video.
Over the next 6 months #Steem is going to shake up a few feather and people will begin to pile into #Steem when it gets over $10.00.
The earlier adopters on #Steemit will reap the rewards with #Steem in the long term.
Why I am on a one way ticket and will be powering up all the way.
This is a once in a lifetime opportunity.
If you are in your twenties and an entrepreneur, you really ought to be considering building a business model in the #Steemit Community.
+$500 billion Social Media Powerhouse and >$1,500 / #Steem
How the growth of #Steem may look...
Thanks again for reading and watching.
Stephen
Introducing #Promo-Steem
Please visit the #Promo-Steem.com Website at https://promo-steem.com/
Member of the @Steem-Ambassador Programme. Please follow @Steem-Ambassador for more details.
#Investors-Group - Cryptocurrency News
Recent interview with Stefania Barbaglio in London promoting: Blockchain, Cryptocurrencies, #Steemit and the #Steem Blockchain
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I'm from Africa and I want to say, I'm totally agreeing with what you've said in your video presentation. I have been thinking of starting a "crypto-cafe" on my campus but as a student, that would be very hard for me to manage. Do you think I should wait and complete school before I start this project or I should try and do it anyway.? And also,I think $500bn is the least steem can do considering the value it represents but it's just as you said, as people begin to realise it's potential as we the early adopters have, it would create a huge market for the steem ecosystem. Giants like Amazon and Netflix as you've said will start to incorporate steem into their operations.
I think you should start the crypto cafe now. It will be huge and you ll get support from the Steemit community. Students need this!
They really do need this. People are gradually getting the whole idea of blockchain and cryptocurrency and it's just a matter of time before they see what I have seen. That's how this new system can change their lives forever.
@stephenkendal wow i am really happy to be a part of this community and the opportunities are endless here have nice day steem is growing at a fast speed .
I trust your projections! You called $2.80 Steem about 4 or more months ahead of time. Then you called $4.70 a good 6 months ahead of time and as the end of the year approached Steem was still at 80 cents. You said it could easy double up several times and it did, reaching $4.70 and above on January 1st.
Looking forward to $17+ in June! :)
Very good insights Stephen. I see the decentralization of Social Media to intensify as we'll see more clampdowns on truth and on censorship of messages they do not want the public to hear. FB, Twitter, Youtube and others have created a very powerful way of manipulating the public and its a tool that many dictatorships would have frothed at the mouth to have. I see decentralization in every market as we always have these cycles. Same with money we saw this several times through the US history as well. We are in for a revolution and those staying in and not getting scared by the powers at be and their MSM partners will be very happy in the coming years!
With the launch of the Peer Query Alpha on Steem Blockchain, will definitely going to bring many people on steem blockchanin and mainly the developers. The big benefit we will get from this project is as more users post about steem blockchain more the queries will be resolved....With the kind of innovative projects being developed on Steem Blockchain, we can confidently state that #STEEM Ecosystem is set to become a $500bn!
There is no doubt that in recent past the flood of newbies has arrived on steemit due to the efforts of the selfless promoters who are working day and night to promote this awesome platform all over. I am really happy that your predictions are so authentic and so relevant. In my previous comments once i said that you are the best brain of the steemit community when it comes to advertisement or promotion because your ideas are always perfect Stephen.
I am really happy that steemit is gaining it's worth with every passing moment and this is not happening suddenly in fact there are many efforts behind it and i must value your efforts as you are always very deep and authentic about analysis and predictions about the crypto world.
Bravo, My Friend Stephen <3
well really a great video and all your points are really for appriciate that you talk on it 8 months ago and your predicts are now fully true and your all points was helpfull and informative and still helpfull and more good thing that i watch and get a point in your video is we should powering up and this is the best point which i pick
well job @stephenkendal for give a new hope to stick on steem and steemit hope i will get a new video from you like this for next perdictions
This is really a wonderful post which you posted right now. We believe that you have strong believe on the #STEEM Ecosystem. It will really become a +$500bn Social Media Powerhouse. Thank you so much for posting this video which we almost all of missed.
All are the 27 points which is actually summary of your video quite well and you have explained very well. Thank you so much for continued supporting and believing in #steemit that will become one of the bets platform worldwide. STEEMIT will become completely different than FACEBOOK...You are pretty much RIGHT!! Thumbs Up :)
Sir you always come up with amazing news all the time and we all enjoying the news related to promotion of steemit. Thank you once again for posting this old video which is quite well summarized into points and everyone can easily get idea how much you are struggling to promote this platform.
Your believe in this promotion is really remarkable and appreciable. We all are waiting for the moment when steemit will rock in the world and give a huge slap on the face of Facebook with full power. Steemit is really a different platform than many other social media platforms. Superb ❤️
wow!! that's great news #Promo-Steem STEEM set to become a +$500 billion Social Media Powerhouse, wonderfull. You made best Key Points of making the video.
I'm watching yOur video its awesome you explain in very detail. CongratulatiOn Sir!! I wish Your strong Believe come true. Always be continued Supporting Steemit community. STEEMIT is best rather then facebOok and al other social networking site. Keep supporting always wish you the best luck !!!
Thanks for sharing this @stephenkendal. My educational background is in engineering and mathematics, thus I have been very interested in crunching the numbers on how Steemit can grow, both from a users point of view, and of course from a market cap point of view.
I completely agree that Steemit has a huge future potential, and that the current method for evaluating market caps will be different in the future.
Personally, I am about to announce my "Steemit Success Initiative" this week. I will briefly point to it in a post today, but I will not get in to it in huge detail until tomorrow or Tuesday, in a post which I will try and get in to the trending section in order to get more awareness brought to the project. I will be using all proceeds from upvotes to put in to SP, in order to grow the upvote value of our incubator initiative.
I am going to be running advertising campaigns and more, which I have mentioned to you before and I really want to talk to you about them - if you're interested in supporting the community in this way it would be great to get your input on the project. Let me know if you want to support or even give advice on the project in any way.
Also, I would love to get involved in promo-steem, if there is any way that I can, let me know!