EOS at almost $8
Remember that this was Steem at its peak
Half a TRILLION US dollars worth!
Thanks again to all my followers, now with SBD so High I believe many of you have been happy to receive many Upvotes thanks to some manual curation work by @ackza and his friends in Ghana and Nigeria @tj4real @richforever @mcsamm @kwakumax @samest @xpency @ortigas100 and many more who add so much value to steem and who @ackza has shown me have contributed to steem and have brought now many hundreds of people to steemit from their local areas. I wonder if we can get a whole nation in West Africa to be on Steem and simply start using the Steem Backed Dollar (SBD) as the NEW Bitcoin since it has $0 transaction fees and is just a few seconds time when bitcoin can take hours even days (until lightening network) and soon we will SEE STEEMIT spread and using SBD to really tempt people and get them all a taste for the good life! with SBD going up, people are experiencing what it is like to have Bitcoin :D XD There was an opportunity cost of 100 times if you would have just stuck with Bitcoin when Steemit came out, it is sad but soon Steem will make people more money than Bitcoin, or at least SBD will! I believe steem or SBD could go to $100 now WITHOUT the new features we will soon add like Communities, HF20 POW account creation, Official Steemit iOS app, Smart Media Tokens and the Decentralized Exchange with Fiat to Steem/SBD which all will REALLY push Steem/SBD up into the $100 levels and we will REALLY be a contender coin up there in the top 10!
Anyway I do believe Steemit and it's SBD can help many developing nations with its $0 transaction fees AND the steemit networks ability for people to earn money if they have none, what @ackza and I like to call "Starting from $0" which is what Steemit le's people do! @ackza started at $0 in March 2017 and all his Steempower he has accumulated since them, so he is one of many who exist here as living proof that no investment is needed and ANYONE can work hard and start earning small fortunes which can then turn into large fortunes! Let's educate as many talented people as we can!
I believe many of you know about @nairadaddy and his @airclinic which is like a Discord chat Doctor's Office, which like WebMD is very promising! Doctors can do much of their work remotely these days and so this is a very good idea!
Also we should pay more attention to the development behind EOS, let's please start researching EOS and what programs and things EOS can do, let's start following these and I wonder if all ethereum ICOs will be ported to EOS? Just a thought :D
And here are some amazing EOS advertisements someone spotted in Florida @ackza showed me which he saw from @jjjjosue which was also posted on reddit and spotted driving around Miami, Florida, USA. And honestly I am glad to see someone making money on EOS actyually using some to spend on real world advertising! Hey EOS is still faster and cheaper than BTC even in its Ethereum ERC20 token form
But not for long! BTC lightening network is about to happen! The Lightening Wallet is ready to download and test using the lightening wallet testnet and let's you setup payment channels etc
https://www.reddit.com/r/Bitcoin/comments/7ji4xw/the_testnet_lightning_network_478_nodes_1366/
And some great artwork by COintelegraph about Bitcoin finally overtaking marketcap of Visa
That picture really sums things up! Our Ship is winning against the legacy Fiat ship! Young wins against Old, finally!
And also, here is the last thing to show you today, a Bitcoin Chart of the last 6 years but in Linear form which si what we are used to, it is very dramatic there towards the end
And here, a Logarithmic chart which most of us are not used to... and it shows us the last 6 years of Bitcoin in a different way...
it gives a different view, I believe this is better to look at now since we can get a more clear view of the horizon and where we might be heading (Which could be past $40K by New Years and definitely above $100K to $300K by Spring 2018 and I believe we could even reach $500,000 to $1 Million US dollars per Bitcoin by this time next year, EOS could be $85 by June if you expect EOS to catch up to Ethereum's current marketcap! so it can still give a 10X increase in price.
I wanted to get @ackza 's opinion on the future price of EOS So here is a quote from @ackza complete with his Patented Ackza Math which may seem confusing but seems to always turn out well for him these days!
To match Ethereums current marketcap of $60 Billion, EOS has to go 10X in price and double teh current 500 million supply to $1 Billion which it will be in June 2018 at the end of distribution, and Ethereum has around 100 Million tokens thats 1/10th of EOS's 1 billion tokens at $4 billion dollars total marketcap, and so $700 Ethereum divided by 10 is $70, which EOS would be if EOS reached Ethereum's marketcap, the math is rough but @ackza pointed this out and if you do factor in everything and if you expect EOS to at least get to where Ethereum is now, meaning going from $4 billion to now $70 billion (ETH current marketcap) then account for EOS having 10 times as many tokens, then 70 billion divided by 4 billion is 17.5 so if EOS is around $7 now, and has to catch up roughly 12.25 X to get to Ethereum's marketcap, then $85 pr EOS sounds about right!
( Video credit by @ackza using Ditty AI created music video)