It's always a risk but here is what Steem has:
- Zero transaction fees.
- Super fast transactions with an ability to scale that Bitcoin could only dream of.
- One of the few usable blockchain apps in the form of Steemit and Busy with more on the way. They are not perfect but they are miles ahead of the competition right now.
- Easy addresses.
I am positive on it as a long term investment but there are never any guarantees in cryptocurrency.
Do you think it's going to lower again after the hype ? (Before getting back on the long term)
That almost always happens. Nothing ever goes straight up - all markets that I am aware of oscillate.
Even cryptocurrencies have to breathe in and breathe out!
Just throwing in my 2 cents - it is pretty much anyone's guess where it will go from here.
Over the past few months, we seemed to have found the 'floor', since we had been hovering in the $20,00,000-30,000,000 market-cap for a fairly sustained period of time.
While the short-term future is very hard to predict, I think that if you look at the long-term potential that the platform and currency have to offer - it is very promising.
Here is a cool link that I came across which talks about the currency side of things:
https://steemit.com/bitshares/@oaldamster/bitshares-is-superior-to-any-other-crypto-and-therefore-so-is-steem
As far as the blogging / social media side, I'm sure if you try it out you will get a good idea of what it's all about :)
spot on advise and analysis @thecryptofiend
Thanks :)
i say thanks buddy :-)