What a difference one day can make!
I feel great this morning, the markets look stable and in the green.
STEEM and SBD both look very nice above 4 dollars.
In the end, I can say that I was very impressed with how resilient STEEM has proven to be in this recent rollercoaster.
The new bottom seems to be around $3.
When it comes to STEEM I have said for a very long time all you have to do is wait.
And that's the narrative I based a large part of my blog on for the last 18 months.
And that is I think the biggest revelation I got in the last two week when everything changed.
The waiting part is over.
STEEM is now where I always thought it could be.
Just look at some recent stats.
200K new posts per day.
50K active members per day.
1K new account created daily.
1277 on the Alexa ranking and climbing.
1.5 million transactions a day on the blockchain. (more than any other)
Steemprice > $4
And this does not even include all the value that's being created through development by the STEEM inc. team (SMT's, scaling, hf20) and community members. (dTube, dSound, busy.org, utopian.io, eSTEEM and many more).
It's incredible.
I think we can say now that the sleeping giant has woken up.
I am a witness with our developer group @blockbrothers for the Steem blockchain. If you want to support us I would appreciate your vote here.
We build Steemify a notification app for your Steemit account for iOS.
Get it Here:
▶️ DTube
▶️ IPFS