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I think that now is just the beginning as well. This is the time to be investing and contributing not running away. We will see a lot more benifit in the long term by powering up and helping grow steemit to a better level like all the examples in the post.
I have only a small account but would love to reach 10000sp at some stage and will be working towards it all the time.

You will get there if you invest some and work really hard in this year. Because this is year will be a turning point (price vise) and maybe last chance to stack up before the price launches straight up to the stars!

Great article! Many people think that Steem and Steemit are essentially the same thing. What you said,

First you need to understand that there is a difference between Steem and Steemit. Steemit (the site you are on right now) is just a front-end of the Steem blockchain.

Is absolutely correct. Steem is one of the few blockchain projects that already have a huge user base. But its market cap now is not even in the top 20. As you correctly pointed out, using Blocktivity will allow you to have a better perspective of the actual state of blockchain and which project is living up to the hype.

In addition, SMT is due to for release this year. It will bring in a whole new dimension to the Steem blockchain. Upvoted and resteemed! Cheers!

Thanks for reading through all of it :)

Yep, market cap is lagging to follow up it's potential, but that gives us who see it a good advantage over others to buy/earn as much steem as possible before the market cap reaches it's true value.

Agreed on the SMT part, 2019 is going to be huge for steemit when all the SMT projects start evolving and getting a big userbase. Thanks for the support!

What a great write-up and a great reminder of what Steem has to offer! I even went one step further and put some of my crypto gains into SP. Some days I wonder if it's the right decision but articles like these always make me think it is.

Thanks, great decision man! What are your plans for the future? BTW I suggest you stack up on some XAP (appics smt tokens) when they come out as they will be only 0.13$ and I think tha tthey could easily go to at least 1$ or more in a year. I'll be dumping in as much as I can because I'm almost 100% that Appics is going to be big!

Thanks for the suggestion! I'll definitely pick some up. I'm not sure what my plans are. I'll keep creating content on here, earning more SP. My plan for now is to take the SBD dollars I earn to buy other cryptos to diversify a little. Mostly, I want to keep the status quo for the rest of 2018 just to see where the market goes as a whole. I think it's gonna be an interesting year!

Resteemed because🙌🏼🙌🏼🙌🏼

Im about to go put some fiat all up in this💪🏻

Nice! Burn them useless pieces of paper and get something real that can raise in value in the future, not lose as does fiat (from inflation) because they only print out more when they need it.

I so much agree with you on every single point made. First of all it would be absolutely foolish to power down at this stage. You just need to hold on to your SP and earn as much as possible in the next few months to get the maximum benefits in future.
Its so true rather than putting on time and energy on the garbs like FB and all it would be much sensible to spend time on steemit. These other platforms will only take away your money. I had created a page of my work on FB but it would never be visible to anyone and I kept getting pop ups if I want to make my page visible to x number of people I need to buy those packages, such a big joke and fooling people.

Glad you do @nainaztengra I'll hold my Steem like it's the last thing I have :)

Yep, and it's about time people start realizing this and stop wasting their time to make money for the greedy corps. Yes, I also encountered the same issue and even tried buying adds which was a stupid idea becsuse fb can just visit my boosted post with their fake accounts/ai/bots and tell me that people have visited and show the numbers when in fact they were bots....

This is yet a comprehensive truth about steemit blockchain... Not minding how voluminous the article is . I read through it and was inspired to powering up... Keep up your good work and keep helping the steemit community to grow... @runicar

"It's a protocol that allows any ordinary website to adopt a Steemit-like monetary system to reward their users monetarily for participation on the platform, such as writing good content, commenting often, voting well, participating in campaigns and contests, rating products, bringing new users to the site, etc. Not only that but with an SMT, projects can start their own ICO with Steem blockchain same way people do with Ethereum blockchain."

This is the best explanation of SMT's I've seen so far. I actually get the general idea of what the SMT's are about now. Until now I only knew about the hype behind them but didn't actually understand them. Thanks.

And I love the optimism you have about Steem reaching 100$. That is my secret hope too. I fully expect it to go to at least 50$.

IMO 100$ is an understatement when you look at some shitcoins @ 500$+. Steem has a lot to offer but people need time to realize it. I'm just glad that I did and that I'm here so early :)

Yes it's possible.

is crazy im reading this post because i never thought about cashing out becuse i see potential in steem but i was holding steem and earlier today i was thinking if i power up my votes count for more money and i could upvote my own post aswell as others earning me more so i powered up 20 mins before i read this post..... you are rigth man

Just keep powering up and holding and in a year or two you will be a happy man :)

Well @runicar you've said alot and I believe everything you said - well nearly - I need you to answer a bit of question - how do you get to powerup when you earn so little and steemit to some people is their lively hood - it can get pretty hard when you ask people to power up when they can just solve their immediate problems :)

I know how hard it can be in the beginning. It took me 6 months to get 1000 SP and then I got almost 2000 in 2 months. Just have to be patient and work hard.

thank you for this amazing post friend @runicar even me as a new user i don't cash it out i rather prefer to keep it in steem power couse i do really beleive in the coming great revolution of steem, that will as soon as possible reach a good amount hopefully it reach 100$ OR WHY NOT CROSE IT. thank you again.

Oh wow

This is really an eye opening and interesting read.

I was glued to the end.

I know about most of them but the only one I've utilized so far is Utopian.

I just have to Bookmark this post.
So I can always come back for it.

Thanks a lot Boss.
So insightfully helpful.

Right now is slow season for art - and other social networks just don't reach people much anymore. If I didn't cash out some of my earnings, I'd need to get a job, and have less time for Steemit, and to tell people about Steemit and to grow my following on Steemit so that in the future I'll be more of a part of this community than if I got a job, but saved my relatively small amount of Steem. That being said - I should start accepting SBD and Steem for my art. Hopefully I'll end up being able to save what I earn from posts,and keep my biz and bills paid from people investing in my work. So far Steemit's been awesome and as things pick up, I for sure plan to power up more :)

You definetely should, love your art man just checked your blog out. Try putting up some of your work for auction on @steembay and see how it goes.

Greatly explained!

I agree! STEEM is massively undervalued at the moment!

Thanks! Yep, I consider Steem a ticking time bomb that's soon about to explode. Just as soon as first SMT projects start rolling out and gaining momentum steem will shoot up to the moon.

Let's hope it doesn't happen soon, so we can stack up on the sweet SP :)

you earned an follower. I feel pity for the people who don't see long term.
steam is like a plant nourish them with your earnings ripe the fruits when it is a tree . many don't understand this.
I will sell my steem dollars at 100$ and by 2020 I will collect 1 lakh SBD :).

100% on point man! Great metaphore.

Btw there is currently a project that will ensure SP for Steepshot so in the near future, expect Steepshot to start supporting its users as well

I have seen it but forgot to mention as I wasnt sure how well will it go, but now I see that it will most likely get a ton of SP as all the other projects. Let's hope @ned throws them a million or two :)

Absolutely great post @runicar! I did notice you powering up lately and I think it is one of the best things to do here in Steemit. This is only the beginning of decentralized platforms and I believe that this will change the world. It has been 3 months since I joined Steemit and I already see how I am growing here. From being a @thealliance member to creating my own contests and engaging in people around the world. It is a totally new landscape which everyone should get on board to.

You made such a wonderful summary on the amount potential of this blockchain hold. I couldnt be more excited to see steem rise and have all the users who powered up get rewarded for their loyalty to the platform. It is such an amazing foresight. Anyways, I wish you best of luck in all your endeavors. Will hopefully join your dlive soon when I catch it lol

Glad you saw the potential and hope you always power up :)

Thanks for acknowledging my efforts and recognizing the power of steem.

Bro you have realy tried in this one
Its anice one and perfect indeed

This is a mini encyclopedia of steem. Powering up; have mini cash challenge but as it off it is 100% power up.
Resteemed

I think this would be a good topic to contribute to Utopian then!

wow great advice, i so know what i should do for the fore. this is very useful man, thank you for sharing

Thank you for outlining the potential of the Steem blockchain. For some reason, it makes me feel sorry for those who are still on Facebook, Twitter, Instagram etc.

It is posts like this that stands the test of time and adds value to the steemit eco-system, you have many valid points here in which I also share.

What a very motivating article this is, explaining beautifully the pros of the STEEM currency and what apps had been in this blockchain currently. Upvoted and Resteemed!

Master FOMO. Mainly because of being here since 2016 and only started posting two months ago.

Success to all of us!

Cheers

@greencross