Steem Should Actually Be The Number 1 Cryptocurrency!

in #steem7 years ago (edited)

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Did you know that Steem is actually the most used cryptocurrency? Yes it´s true, there is literally no other token out there being used more often than steem. In total there are already more than 1.6 Million Transactions taking place on the Steem Blockchain every single day!

A closer look at the numbers shows us, that it even leaves behind all other big projects like Ethereum, Bitcoin and Litecoin. To be precise, it got more transactions on a daily basis than all those big players together, twice as much as Ethereum or 8x more than Bitcoin.

But the best of all is that it´s still only operating at 0.14% of it´s real potential while Ethereum is running at over 60% and Bitcoin above 30% of their full capacity. That being said I don´t know whether anyone can still neglect that Steem is massively undervalued in the market.

While the next mass adoption might have all other Top coins reach full capacity and make users wait for hours to confirm their transfers, steem would laugh about that increase in usage and eventually reach 0.25% of its full capacity while still confirming transactions in 3 seconds.

So we all can be happy to be early in the game. The masses will sooner rather than later notice how awesome this blockchain is and move it towards the number 1 in the coinmarketcap list!

Long Live Steem!

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OMG, this is insane. I didn't know about this exactly and if that is true for steem then I am sure no one can stop steem.
Yes, that's true bitcoin and Ehter they have almost hit their max and now only those currencies would be anle to survive which have growth room.

I often advertise steemit to gamers in wot. Not everybody likes that in game chats but those who check it out are bound to like Steemit.

I´d really be surprised in case no one would like it in the very end :) It´s just an awesome platform and expanding so fast with all the apps and services getting build on top of it :)

Yeah it sure is pretty amazing. Lots and lots of room to grow for steem! Following YOU @suf1an!

I have never heard a more true statement.
STEEM FOR THE WIN!

It has a long long way to go to go past bitcoin but with the growth it is having it will for sure come close one day.. but not for awhile.. but I do love Steemit.

Those numbers look exciting, but I am confused. If Steem is the top currency, what would it take for it to trade at $8,000 or more? Ty in advance to clearing this up to for a new user...

Price doesn’t determine the tp cryptocurrency. Bitcoin is valued a the highest, but everyone knows it has less than half the true value of Steem and other cryptos.

Why upvote your own comment?

Why not pay yourself and the community at the same time?

Can you imagine 8 times more transaction than Bitcoin with 0.14% capacity. Great future indeed

Don't you make me use this_ you motherfucker you!.jpg

True, it´s Steem and it´s going to change the world of social networking drastically!

@steembusiness Simple but Very True We in my Opinion are very fortunate to be on STEEMIT at such an early stage. I think what really woke me UP to how undervalued we are is when @jerrybanfield said that he was ALL IN on STEEM last year. So Much potential to the UPside.........

I don´t think / believe many people actually went all in on crypto as it´s just still a really really risky asset. But anyways, yes we are really fortunate to be among the early adopters here :)

Nice post resteemed

Yeah the currency is way undervalued probably. Great post, thank you so much for this! Following YOU!!

Agreed. The Steem blockchain is highly underrated IMHO.

It´s really massively undervalued based on the potential it bears and the big change it can bring to the world.

and did you see how steemit.com tripled its se Traffic from December in less than 90 days?

Well the big rally got a lot of people interested into cryptocurrency and on steemit they can dig in their toe without a prior investment being necessary.

what a uproar that would cause lol

Love it! there are so many things about steem that make it the number 1 crypto- fastest transaction times, it holds so much more capacity for expansion that other crytpos, FREE to transfer, provides a service and gives a great ROI when using steemit! YES!

Hi your every post I see Every time this is very important for me

Yes I believe we will soon get there. The ads are out there presently, it is just a matter of time. Thanks

Steem FTW! Did anybody else catch Joe Rogan talking about Steemit and the opportunities here for bloggers and musicians? They didn't have all their facts right, but were intrigued and positive about the possibilities. It was surprising and exciting to hear. Check out the Tony Hinchcliffe episode from this week on Youtube if you're interested. The Crypto talk starts around the 2hr 33min point. Cheers!

It would be nice to see some improvements on the platform. The ability to monetize content is revolutionary but Steemit is still very simple and limited.

We need a better frontend one day for sure. I´m using busy.org mostly already these days, which is really cool and easy to use but still not the final thing to go for IMO, at least not right now.

I senag mendegar nay, and I am very senag using steemit, because steemit a lot petrified me, and I also have other guidance ornag other fossil in this steemit, thank you for sharing

Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BTCBitcoin10991.300$4.56%33.45%
ETHEthereum962.660$0.04%17.08%
LTCLitecoin228.250$-1.58%53.41%
STEEMSteem4.485$-2.22%10.4%

its not about steem or steemsbd its about to blockchain that give more power and attention to steem itself. well said my dudde. @steembusiness you made my day. Soon all of coins and its owners will realize its power.

Hey @steembusiness , u received 100% upvote from @gangas. Great post, happy weekend.

you always give us very important post

I think the price of STEEM is somewhat regulated by the inflationary nature of the rewards pool. Also, once EOS is live it will be much easier to write apps using @dan's Graphene which will keep away partners for the STEEM platform. That being said, STEEM has a good shot at capturing the social media markets.

I´m really curious on EOS and what it´ll actually bring to the crypto community whenever it launches. So far it´s not really sth we can really experience as it´s not live yet.

This is exactly what I was saiyin in My daily blog steem have a LONG overdue bull run to value what is really worth.

Very good my friend
This is precisely the reason I moved into steam it is soon as I could, never thought I’d find a passion and writing soon maybe video editing.

I am on steemit now for a week, love the idea. It can only take off and we are along for the ride.

You are here at the right time. Invite your friends👍

right! I agree with you

so does anyone know what those transaction look like?

Those 1.6 Million? Well a big bunch of it will probably be the transfers to voting bots these days...

The high volume of transaction is it because of large amount of steem being generated everyday?

Correct me if I'm mistaken but I think even every like is also a transaction.

Oh how wonderful it would be, if this really happens. Why do you think Steem price does not reflect the potential of this awesome token??

definitely going to be one of the winners at the end of all this.

It is absolutely true we are lucky to have adopted steem early enough. Steem tokens will be hard to afford and highly valuable in the near future...