Steem is taking its rightful position in the Big Boys (Bitcoin , Ethereum, EOS ) top league

in #steemiteducation7 years ago (edited)

We all know that steem blockchain has the most real life use among other top cryptocurrencies - even though its price remains undervalued, however this is a good reason to gradually increase your steem power before it is too late.
On the other hand, many top investors and institutions are noting the developments at steem ecosystem- especially the upcoming SMT and hardfork 20 including value the updates will bring to the ecosystem-plus being home to many new innovative apps.


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Most recently , Huobi exchange listed steem on top of the big boys (Bitcoin , EOS and Ethereum) see below.


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According to @jrcornel see post link here

This is actually a pretty big deal. The Huobi exchange is currently the 4th largest exchange on the planet in terms of volume. Steem currently doesn't get near as much exposure as many of those coins ahead of it.It currently sits at number 26 in terms of market cap. Any time it can get exposure like it is currently getting on the Huobi exchange, that is a good thing and hopefully leads to more adoption and higher prices in the future.

This development sends a clear message that the top exchange knows the underlying future value of steem ecosystem and thus want to enter the vibe (including giving its members the opportunity) before it is too late. In light of these positive developments :

Be Proactive: are you seating on the fence waiting for millions before joining the vibe? In fact, you can gradually grow your steem by blogging, commenting, voting and or buying steem (no matter how much) and powering up. Moreover , you can join an undervalued tokens through their bounty program-a good example is Elyte current bounty program-see link here . This is the time to take action and thus secure your place in a top blockchain tech firm.

Do you agree? send in your comments, resteem and upvote in order to send in your support.

Click here and read my former post: A Case Of FOMO: Cryptocurrency (Bitcoin ) Hater George Soros is planning to invest in cryptos

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This is indeed a good news for steem ecosystem...more top exposure means more value and thus increase in price and more signups for steemit...good days ahead indeed, thanks for this post...keep up the good work. Upped 100%

Always sending in great comments, thanks

Yes I agree with your comment @ ronja1

@charles1 I believe that we're just in the beginning phase of steemit. With more and more people joining the platform every week it is only a matter of time before we will see mass-adoption. More people joining in and more exposure will drive the price of STEEM up because everybody will want to have as much STEEMPOWER as possible, and will therefore try to purchase STEEM. This will most likely result in a bubble, steem being over-valued. Yet that doesn't mean that bubble necessary has to burst. And even if it does, I believe prices will after that slowly rise back, as we usually see happening, like for instance with bitcoin. With STEEM we haven't even begun to see the top, both in user adoption or value, and those of use on the platform now are gonna see things beyond our imagination!

Nice post Charles, upvoted! :)

Very good point my friend hence why I advised you to focus on growing your steem Power. More success to you

Yes @charles1 I cannot wait for steemit to reach 10M users :)

I am very glad that I did keep on engaging when the price of Steem did drop. Lots of people did not put enough effort anymore in being active. But due to this I could tripple my SP holdings. They forgot that the reward pool was still the same and because lot less people were active it was easier to get a share of the reward pool and it was a lot easier to get noticed!
I will probably never become a whale, orca or dolphin but I do enjoy myself here. Hopefully I will reach minnow status before the end of the year. Still 356 SP needed!

You are indeed in the right tract and patience is the key, am sure that if you continue working hard, blogging smart and powering up, you will surely grow and be top one day...more success

Exciting news!
Steem price can go up any time because of upcoming SMT and hardfork 20. It is definitely undervalued.
Let's see what happens next!

Tighten your seat belt...moon

I completely agree after entering houbi pro exchange steem weightage has been increased. Houbi pro does only give steem a priority over other cryptos but also converting steem into direct stable currency USD. Steem won the trust of 4 the biggest exchange on the planet. Hopefully other will also follow the foot steps of houbi pro. Steem block chain is the fastest block chain already convinced many super Giants to convert into block chain technology so in my 2 cents opinion it is an ideal time to invest in Steem either by blogging, commenting or investment. Let's hope for the best @charles1

I agree with you, this is indeed a good news for all of us

Heya @charles1,

Steem I feel is still very undervalued. When you talk about use case I think about the ocassional thread in 4chan's business and finance board about how Steemit has literally the only coins that do something.

I'm still on my way to grow my SP knowing we actually use crypto more than most (besides daytraders). Houbi listing is fantastic, and hopefully only the beginning.

Mahalo,
@shello

Good point @shello, you are correct and we will surely see more success. Keep steeming and more success to you

Well, it's about time Steem becomes more appreciated. There's so many users here, so many great apps being created, and the technology and speed tops most cryptos, yet Steem is still so undervalued for such a long time. I think a lot of exposure is coming our way, because people are starting to notice Steem and its capabilities!

I agree with you....good point indeed

This is a good news for steem ecosystem...More top exposure means more value and thus increase in price and more signups for steemit...Good days ahead indeed.I'm still on my way to grow my SP knowing we actually use crypto more than most .Houbi listing is fantastic, and hopefully only the beginning.Thanks for your imformative post and helpful post. @charles1

Good point indeed, I wish you success

I agree steem is undervalued, with more interest in all altcoins it seems inevitable that this will be a golden era for all things blockchain.

Point, blockchain will soon rule the world..

Steem should be one the big boys. It is totally undervalued

Point, I agree