The intrinsic value of STEEM. Why is SteemDollar being bought and the price being driven up?

in #steemit4 years ago (edited)

mondayred rose.jpg

The conservative financial market attributes an intrinsic value to every financial product. My thoughts deal with the "intrinsic" values of tokens. The goal is to filter out exciting and interesting tokens with sustainable business models in order to be in on expected price increases.

steemit
is among the blockchains that are actually backed by an operational and useful business model. The intrinsic value is constantly growing through active life within the steemit* community. Together with the SBD, steem forms the SteemTokenUnit (STU). This cryptocurrency can be used to make a meaningful effect. Via the international steemitCommunity, a lively exchange of information takes place and hereby a promotion of social contacts. This Communication is rewarded. Every community member can use their steem to influence within the steemitblockchain via the rating system. With each vote, a blog or comment gets its recognition and is rewarded with the STU. Complementary to the received rewards, an "arbitrary" amount of steem can be purchased on the stock exchange, placed in the steemitwallet as STEEMPOWER and the personal influence can be increased.

Further value is added to steemit by very helpful supporters.

In Germany there are:

witness @steemchiller offers the versatile [steemworld(www.steemworld.org). I have the impression that these possibilities are used gladly and briskly.

@kryptodenno offers an excellent service to the steemit D-A-CH community with his blogs.

  • his daily lottery
    I'm up for it, so....

  • his daily blogs
    The German language steem & crypto articles of the day today

  • and his daily DDDD Dennos Daily Delegation Draw

are getting a lot of interest and are a welcome addition.

Other games and competitions, offered by @barmbo, @kirstin and @kissi are also popular.

I have little experience with international supporters. The one I know is:

@steembasicincome with the linked steempeak

which I discoverd just yesterday.

I ask for your indulgence for the unmentioned, because of during the short time of my activities I am not yet aware of all supporters.


An exceptional THANK YOU to all of the supporters.

steemit - the blockchain with intrinsic value of tokens
.

On the page of btc-echo since yesterday there is a video (in german language) with the topic "social-token-the-largest-big-hype".

What seems inconclusive to me - why is SBD being bought on crypto trading venues? In the last five months, the markets have seen the price catapult from US$0.94 to close to US$14.00. The price of steem did not follow suit with the same strength. This provided a unique opportunity to buy steem in the internal market at prices between SBD 0.05 and SBD 0.09, thus increasing STEEMPOWER cheaply. For me the question remains open, which motivation drives a SBD buyer and which intrinsic value can be attributed to the SBD.

I wish much joy, fun and success in the steemitCommunity.