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RE: From Skeptic to Cheerleader, What I've Learned About Steemit After My First Week(ish) Onboard.
Excellent, thanks so much for adding this - a very notable point. When people say "#1 in transactions," how are you measuring this? Speed? Security? Volume?
This is measured in volume. There are more transactions for Steem than any other and Ethereum is at currently at #2. I think this should have a positive effect on the price.
Ok got it. That's really interesting and I guess it makes sense, considering the structure of STEEM and the fact that it's being used for its intended function all the time. I wonder what percentage of transactions of other currencies are speculative trading vs actual purchases.