STEEM Is On FIRE !
You may wonder what do these figures mean. If you just bear with me, you will find out soon enough. I have read multiple articles on how much Steemit and STEEM in general are undervalued. The more I interact with Steemit, the more I realize how true this is! Also I would like to add that investing in STEEM does not mean investing in Steemit, investing in STEEM means so much more.
Let's go to the figures now.
So as you can see the average transactions on Steem are 1,430,927 per day and the capacity used is 0.12%.
As you can see from the pie chart, the Steem blockchain is the most active blockchain and if we combine the Ethereum blockchain and the Bitcoin blockchain, we get the same activity as on the Steem blockchain.
So now we finally get to the twist, the strange part, the opportunity !
Steem has 0.4% of the market cap of the most active blockchains. YES, I KNOW! The fastest, the cheapest and most scalable blockchain is also the most undervalued one. I agree that ETH and BTC are far more popular than Steem, but that is changing, FAST.
www.steemit.com is a top 500 site in the United States and is constantly improving.
Conclusion
With the upcoming HARD FORK and all the improvements that will be made on Steemit, the SMT's, Dtube, Dmania, Zapple etc. things are looking very good for STEEM HODLERS. You should use this dips to buy some STEEM cheaply OR use your skills, contribute to the community and EARN your STEEM.
sold my free wallet steem back for SBD.. As SBD should make a good run and I can double up on my STEEM again and power up a bit more.. :)
Can you please explain your reasoning :)
Every time I read on of these posts I'm happy for Steem and wishing it would slow down at the same time :D I don't have enough SP yet!
You will get there ! You just need to be consistent and to do your part - comment, blog upvote etc. Good luck !
Great and positive information with proof about Steem.
I am planning buy STEEM and increase my Voting power and the SP. Is it possible?
Yes ! You can buy it from www.blocktrades.us or bittrex. When you have the STEEM you have to POWER UP in order to increase your voting power.
Thanks @ervinneb. Will do the same.
we'll have to be careful not to burn ourselves then;) the thing is getting very hot here.
is there someone who can solve a little doubt ?, bet by dmania delegating a bit of my sp because I saw that it is growing well, but I have not seen any results for the reason that it is my delegation, I do not know if it is something random or is monthly or something, anyway just delege a little because my account is small but I think I would have to give some small benefit but for now nothing at all I'm just trying to see what happens because I see that dmania can become a good service of memes and those things are usually quite successful in that niche market (to call it somehow;))
I'm a little new to this but ... when will be the next
HARD FORK? and what will happen to it? I do not understand why they are good or bad
HARD FORK