December is turning out to be the craziest crypto month I ever lived through.
Crypto has exploded across the board and STEEM went briefly through $4 last night.
Funny fact: $4 is actually the price I bought my first STEEM for 18 months ago.
Now I feel like the Steem blockchain is finding itself in the perfect storm.
While some major cryptos are suffering at the moment from severe scaling problems and insane fees STEEM is perfectly fine.
It's doing the most transactions of all the blockchains and it doesn't break a sweat. It's under 0.36% strain.
Ethereum and Bitcoin are at 100% strain right now. And Bitcoin at the moment has a $40-$50 fee per transaction!
Again, STEEM has no fees. All transactions are for free and fast! (3 seconds).
In the beginning of 2018 SMT's will come out.
Anyone will be able to create a token (Smart media token) on the Steem blockchain for cheap (1$).
I can see tons of use cases for this. Implemented in apps, communities and different front ends.
Why would you build your own blockchain if you can use the best? for basically free?
Only when your app/community or frontend gains in popularity and your SMT is using more bandwidth on the STEEM blockchain will you need to own more STEEMPOWER to 'pay' for this bandwidth.
This is where I think the real value of STEEM will be revealed.
I am a witness with our developer group @blockbrothers for the Steem blockchain. If you want to support us I would appreciate your vote here.
We build Steemify a notification app for your Steemit account for iOS.
Get it Here:
▶️ DTube
▶️ IPFS
I am just so excited to see more fun in steem here i wish it go more high i have small steems but i am glad for it
It's there again right now! I know you check your phone every 5 seconds so you've probably seen it already ;)
As for BTC I wish they would just increase the blocksize, even if just to 2mb. It's as though they don't understand the harm that this is doing to Bitcoins reputation and how far away it has moved since I first used it in 2013. Eventually, though I see both BTC and BCH becoming obsolete by better technology built from the ground up. To really win at this game a currency must be instant and free, two qualities which I doubt Bitcoin will ever have
@exyle I know you are right about our beloved STEEM and I want you to know the Best is yet to come in 2018. I am so excited for you and Bianca and the BLOCKBROTHERS.................Thank You for showing me how to be consistent on STEEMIT @stokjockey. BLOG Daily and be Rewarded......
Marry Christmas in advance from India, with the greatest price of steem to your family Bianka, @clio and you my friend .Thanks for sharing such a valuable information.
Merry Christmas Maya!
Once SMTs gain popularity, this month will be considered relaxed :))
I experience the exact opposite. The higher Steem & SBD go. The more I realize the opportunities we have here right now.
Isn't it great!! I also saw the price early this morning and I was happy. It's like an early Christmas present.
It sure is :)
It's great to see Steem reaching such highs again. There's a lot of hope in the cryptocurrency world, but we know Steem is for real. Next year it could be massive
The steem blockchain works great and has proven itself indeed.
@exyle I wrote something abnormal and different tonight that I thought you'd really like. Please visit..
re: After we are all dead.. the importance of STEEM. Twisted subject, but important.
Caution: for thinkers only.
I think your opinion is true after reading exyle of Post turns out to be true
@exyle,
"Funny fact: $4 is actually the price I bought my first STEEM for 18 months ago."
Yeah few weeks back you said this! So, it happens again, but in this time I don't think it might not drop as last time! The greatest block now we are sitting on! So, this is the future! Great article friend!
Cheers~
I have newly joined steemit and now I fell proud to have chosen one of the best crypto plateform. I am jubilient with current price jump. Thanks for your post.
I cannot wait to see this ability to launch media tokens. I am curious why I had no idea this was a project. Is there any linkable site currently so I can read up ? I work for a popular Crypto media outlet team and would like to be able to report on things like this when it is news. Hmmm. I need more ! Lol ok I am following you now. If you have any media and press needs - globally, I am that girl. You want to see steemify on yahoo news or marketwatch or shared in a syndicated manner across thousand of news desks ? I am that girl . Also in the Crypto news outlets too. 🦋.
Here you go: https://smt.steem.io/
Wonderful thanks very much. 🦋⭐️✨
Yes I didn't expect this a few weeks ago.. it's great but still the start for a good 2018.. I can't imagine what can happen.. I have seen such strange things.. it can go to $10 but also back to $0.8.. I hope it will reach $10. then I have my goal accomplished why I started on Steemit. Then I can really start building my SP.
I have seen lot's of crazy things too. But this year tops everything.
The price is important for the immediate short term surge of users but I think the tech and scale will be so instrumental in long term sustainability. What can we do now to support growth in 2020 for instance?
I'm ready and waiting. I feel like I just got on Steem at the perfect moment. I've been talking about it on LinkedIn and various forums, so hopefully raising the consciousness of the place to others too.
Me too! I got in just before creating an account took ages. At the moment I'm not sure if I want Steemit to get hyped up in media or if I just want to see it grow slowly, with natural growth.
I’m happy for hyping, because I’d love to see more people come to the electronic music community! Would love more interactions on that front as it is still a very much niche area of Steemit.
We can only enjoy these great crypto times and wait for SMT to come in 2018
It's all coming together isn't it!!! I can't help but feel ever more excited for both Steemit and Steem!!
You and me both!
right now the things we need is a way to buy things with steem/sbd or exchange value for skills and visa versus --- i'd love to pay for a lot of web hosting and services with steem and steem power for sure. these network charges are making it only useful to hold and that's not serving anyone.
Our witness @blockbrothers is paying for the servers with STEEM already! But I agree the more the merrier!
ah so privex allow paying in steem/sbd? sweet!
Glad to see Steem touching it's all time high..Truly indeed this Christmas is turning out be the best month for Steem.
People have now truly realized the power of blockchain and they are now giving it more importance than fiat currency.
Exciting post @exyle ! At the time of this writing, steem market cap is $ 850 million. Much like facebook, we can only say that if steemit can grow its user base into millions, it will become very valuable. Facebook market value is more than $ 500 billion currently. Suppose steemit reach 10 % of facebook market value which is $ 50 billion, that is around 60x of the current steem value. And I believe 10 % is conservative estimation. With all projects development such dtube, dsound, dmania, steepshot, etc, steem value worth significantly more than the current value. So, holding our steem for long term could be the best investment for all of us.
Steem is getting more strengthen , Thank for sharing
Wow, I wonder how much it will rise after SMT release. Thanks for posting vlogs :)
Do you think if the number of users go high on steem is there a chance of steem value going more than or equivalent to Bitcoin / other crytocurrency ??
I am totally new to this, like literally being my first day on Steemit & this being my very first reply/comment/question ?? kind of. What would you recommend your followers to do to make the most of it ??
Awaiting reply @exyle . Cheers. Happy weekend. Well its Dubai so hell yeah its weekend.
lol i was only checking what is upvote. This is my day one on Steem. Never knew my upvote whatever it means will make some coins lol. Cheers guys. Thanks for letting me know what to do & what not to.
I'm being polite when saying this, consider it a friendly reminder.
Upvoting your own comment is called self-voting and is usually frowned upon by the community.
Don't be like @hms818, the comment above yours.
Also, right now by upvoting your own comments, you won't be making any SBD or STEEM Power since your account is very small.
It is frowned upon by you, wtf man everyone is self-voting.
Just because everyone is doing it, doesn't make it normal. Its usually the smaller and newer accounts that do it, actual content creators don't upvote their own comments.
I see that you have also self-voted, ask yourself, do you really deserve 5 cents for that comment?
I deserve everything that I can do! Even exyle self-votes his posts is that bad also? If someone writes interesting comment or post I will upvote him. I don't make a lot of posts and the only way to motivate myself to at least comment on peoples posts is the ability to reward myself with an upvote and also sometimes no ones gives a shit about my comments so I upvote it because I feel like I deserve at least upvote from myself. But if that is bothering you then I can just set steemvoter bot to upvote posts from certain people and forget about steem at all and then I do not need to participate in your "community".
Every great comment should be upvoted, regardless of who wrote it. By the way, how can you check if someone has upvoted their own comment?
Right next to the dollar sign, you'll see how many votes a comment has got and when you click on that, it'll show you all the people who voted it.
lol i was only checking what is upvote. This is my day one on Steem. Never knew my upvote whatever it means will make some coins lol. Cheers guys. Thanks for letting me know what to do & what not to.
Wow, I didn't know that. I guess I should stop upvoting my comments then;)
Finally its getting the value it deserves.
Awesome! And a happy, Steemy Xmas to you! Next year could sure be interesting ;)
Excellent news about the rise in price of the STEEM , I think this is not the limit and you are right, my friend, the STEEM is gaining strength and stability more and more! In addition, as you have noticed, the SMT is coming out soon and here, I am also sure, there will be even greater opportunities for both the individual participant and our ecosystem as a whole! Thank you @exyle and keep us informed of what's happening!
yes and all steem holders are really enjoying the christmass month fully and its is interesting to hear that u were believe on steem 18 months ago and invest in steem and i hope that was ur best decesion bcz newbies may buy steem in cheap value but they dont get profit more like u @exyle and sure i say that time u have a decesion to researh on it
You are telling the truth Steam Blockkain found himself in perfect storm. And I'm backing you.
Can I resteem this post sir
nice to know abuot it to steem price is worth 4$ is a good sign to more grow up is this the flood of new memebrs in steemit and buy steem but see that all cryptos are goingt to up it make me more amaiezed to think how it is possible that only in one month the larg investors come in crypto but whats reasson back on it
steem will take us to the moon ;)
Great great news, Merry Christmas to all! I hope in 2018 it will raise more and more!
Steem is on the rise! I hope this trend continues,the sbd price is insane! But a good insane :)
i am looking forward to the devlopment of steem in price and technology, especially when smt's are released. bitcoin is having some Kind of "roughpatch" now imo, but it will pass again, mempool is already shrinking again (sloooooowly).
Isn't it great!! I also saw the price early this morning and I was happy. It's like an early Christmas present.
It's crazy how steemmorice is rising so quickly, I can't keep up with it. Your posts are really helpful and definatelty keeps me informed of the movements so thankyou.
Please check my blog and if you could drop a little Resteem as it would really help me start out
steem is very popular in india nowadays we loved steem
Mark, in general we had a good year. But indeed the December month did bring a lot surprises, those are actually a gift for the good and hard work we did.
With Steem we are all very happy, at a level which will be much higher, with the same speed as tranactions are done.
It's great to see Steem reaching such highs again. There's a lot of hope in the cryptocurrency world, but we know Steem is for real.
Great information.
I agree with you. steem now over $4. indeed that is great news . great to see Steem reaching highs again. thaank for sharing good information @exyle
That day is not far when @exyle will publish another blog saying "steem is now well above 10 usd " and yes it has that potential.
Very nice article @exyle ....thank you.
steem on and stay blissful...
yes, its a good news for steem and all steemit community member.
December is really an awesome month for crypto currency and also for steem and altcoin.
I hope we would see 10 usd per steem in 2018.
Thank you @exyle
i think i will cash out my steem tokens when the value is triple digits in the hundreds place. I only have 3 tokens I wish invested better before i probably would have 30 by now :*(
My hubby @shai-hulud and I only just joined Steemit after researching Altcoins. We are super excited to see where Steem can take us. Time to Power Up and hunker down for the long haul as the only way is up.
These are all happy moments for us as steemian as we have also seen those periods when it was at 0.8 for quite some time.
So let's enjoy this time and I do see steem to be over 5 by the end December.
Have a great day.
Glad I started back in September :)
now making steem power would be a best thing to do i was not aware about the curent prices this is really great to know thanks for the vlog smts would have a great time kicking off
What a great feeling to be part of this adventure! 2018 is going to be a GREAT year! Bring it on! 🤗
It certainly look like this surge may have a little decline in January but will rise more in the latest stages of December this is is more like a urgent call for steemit users to buy more steem and put away SBD while it's at it's most valuable
today i buye some steem. my inner imsting saying that steem will raise more and more. I am honna hold it for a long time.as per my info right now steem is around $3.77. thanks for sharing.