#Promo-Steem - #Steem set to become a +$500 billion Social Media Powerhouse
Back in June of last year I put out a Video Blog where I explained that I strongly believe that the #STEEM Ecosystem is set to become a +$500bn Social Media Powerhouse and 8 months on and I am sticking firmly to my prediction.
For the ones that may not seen the video, here is the link...
Why I strongly believe that the #STEEM Ecosystem is set to become a +$500bn Social Media Powerhouse..!!

Published on Jun 6, 2017 - 8 months on, listen to the predictions..!!
Key Points at the time of making the video
An imminent Target Price for #Steem set at $2.80.
Liquidity flowing into the Cryptocurrency Market at a fast pace.
Cryptocurrency Market recently grown from $20bn to >$100bn at the time of the video and is fast heading for $500bn.
First predicted #Steem to be +$500bn when it was valued at approximately $200m.
How I explain #Steem to be +$500bn by breaking it down into bite-sized chunks.
Measuring Facebook against #Steemit, and why they are two completely different animals.
Comparing the Capital Structure of Facebook to #Steemit.
At the time of the video there was approximately 170,000 users on #Steemit and I explain why these are irrelevant when it comes to valuing #Steem.
How the future of Capital Markets will be valued completely differently from how it is done today.
The Cryptocurrency Market is set to go from $100bn to >$500bn very fast.
At the time of doing the video there was approximately 230,000 floating #Steem available for trade.
Example of 10,000 people each having 23,000 #Steem.
Price at the time of doing the video. #Steem was $2.34 with a Market Capital of ~$500 million.
Explanation that the migration onto the Blockchain is currently underway for the Capital Market.
If you was an investor in your twenties today, what would you invest in.
Target price of $2.80 set in May will be smashed through.
The #Steem Ecosystem is going to completely re-shape the existing Capital Markets.
A little bit out of Facebook, Google, Amazon and Netflix and why $500 billion for #Steem is cheap..!!
At the time there was over 300,000 transactions on the #Steem Blockchain and this growth is exploding.
Backing up my explanation of why #Steem is going to be worth over $500 billion in the future.
$500 billion will be the start, not the end.
Bitcoin was at $2,800 at the time of the video.
Over the next 6 months #Steem is going to shake up a few feather and people will begin to pile into #Steem when it gets over $10.00.
The earlier adopters on #Steemit will reap the rewards with #Steem in the long term.
Why I am on a one way ticket and will be powering up all the way.
This is a once in a lifetime opportunity.
If you are in your twenties and an entrepreneur, you really ought to be considering building a business model in the #Steemit Community.
+$500 billion Social Media Powerhouse and >$1,500 / #Steem
How the growth of #Steem may look...
Thanks again for reading and watching.
Stephen
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