Time To Buy Steem $5.42 @senseicat

in #steemit7 years ago

The past few days, steem has been slowly following the overall cryptocurrency market trend and the market cap is currently $728.090,503,218 billion.

This is fantastic news! It is time to BUY while the price of steem is affordable.

It is also the time to invest time in blogging and generating steam power and steam dollars.

steem 2018.png

@senseicat

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The cryptocurrency market cap could touch 1 trillion in 1 to 2 weeks. I’ve been tracking it for a while. And it is very reasonable to see that number. I’ve calculated that the cryptocurrency market cap can pass 10 trillion in 7 months. Imagine what Steem would be worth when the cryptocurrency market cap is worth 14 Times what it is worth today.

Is buying steem a good idea though, Im abit scared of it

Buying Steem is theoretically a bad idea as inflation would normally drive the value down by 10% annually. Converting to Steem Power is good. Steem Power gets interest to combat inflation (like buying a US savings bond).

Two benefits of converting to Steem Power:

  1. it gives access to voting pool which helps you earn money blogging and obtaining followers, or you can rent out the voting power and gain additional interest.
  2. Steemit is expected to explode in popularity like other social media platforms before it. This explosion in popularity will create a demand for Steem that will seriously outpace supply of Steem.

I respectfully disagree with your first sentence. Steem is an excellent buy at the current price given that I believe that the cryptocurrency market cap will easily hit the trillions. I understand and agree that SP has exceptional benefits and see significant overall value in steem and SP.

after the launching SMT the steem price will be rise up more than 50$ in just some months and i also agree on it to buy steem now if we get a good profit

Will now buy if I have some money

I really like your post @senseicat
hopefully many likes, and get rich fast 😀

Hope you are right, steem is a fantastic innovation to allow content creators to fully immerse themselves in producing their content without worrying about where their income will come to survive meanwhile!

Definitely now the time. @seseicat This is a funny picture.

yeah really it is a good chance to buy and collect steem on cheap bcz i sure after some time it will be rocket @senseicat

Terimakasih kawan atas pemberitahuannya semoga steemit selalu sukses.