Yesterday we had a nice jump in the STEEM price.
I have been trying to find reasons why it happened.
But first who was buying?
Most of the volume came once again from South Korea, Upbit exchange.
This picture is from today but yesterday volume was way higher: 59,563,800.
Thank you Upbit :)
On the fundamental level, I could only find two good reasons.
The Hivemind update by the steemit team and the other was an article on forbes.com about the Hardfork Series where also Steemit.com is mentioned.
Article: here.
from the article:
“The HardFork series is one of the first projects of its scope to take this nontraditional, decentralized fundraising path,” explains Karr, who early on saw cryptocurrency’s potential for his projects. “For HardFork, Steemit.com was an obvious place to start with our community building and initial funding; it’s where we raised our incubation money.”
Steemit.com is a cryptocurrency-backed social media platform where artists earn money for content they post. The team raised an initial 30k on the platform by creating and sharing content, which was enough to produce a teaser trailer. The teaser debuted at Steemit’s annual conference in Lisbon, Portugal last November, where it received tremendous audience support.
The trailer for the serie:
I talk about it more in my vlog.
ps. If you know my vlogs you probably are familiar with my inability to look into the camera for a long time. I tried to work on that today but noticed it takes about 30% of my brainpower just to remember to do that so it's all a bit slower today. Let me know if this is something I should pursue.
ps2. This is the Steemwhales link I refer to in my vlog here
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