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RE: Why Ethereum is outpacing Bitcoin
Think of it this way. If STEEM is already worth more than $1USD than why can it not be worth $5,000? We need to power up before the price is too high so support your fellow STEEMIANS and Resteem posts and Upvote for sure 👍
The only way the price of STEEM goes up is if people buy it. What demand is there for STEEM? Why would anyone buy a token when they know the money they put in is being given to content creators? What incentive is there for someone to own STEEM?
Is it growth? Right now I see STEEM as being in a very unstable stage because there really isn't a clear long term exploitable use for buyers of STEEM.
Well personally as someone who gets SP and SD from creating, for me it was buying STEEM and using that STEEM to Power Up so I could make content that had value and is now a part of the internet. The thing is the value lies in what it offers and what it offers is encryption and an uncensored way to speak freely. A lot of major sites aren't letting people speak lately and the people want to know what is going on so I think you are right, you must buy in, financially and also into the community. You either think Steemit has something unique to offer or you dont and with so many people that got straight paid (!) I believe there is something here of great value that people are spending quite a bit of time doing. But if you don't have the power tou wont see the power. Making a few hundred worthless posts is just the way you earn your stripes and become a name people recognize. Recognize and like or at least appreciate or pity haha