Aren't these the old BTC/Hitler parody videos that have been spruced up and re-specified for Steem? Doesnt't make them any less hilarious though  |
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What doe you guys think is a likely year-end target and what will drive it? The new wallet? Any reasonable chance of $4 to $5 in the near to medium term?
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The way things are going right now with 500+ new users every day, we may well see $10 or thereabouts hit before a correction happens. Price momentum is massive at the moment.
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I try to check no more than once a week, other things equal. But I have lower and upper price limit notifications set, so in times of extreme price moves I get sucked into checking frequently
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If it looks shady, and holds out unrealistic RoI promises, then follow common sense and avoid like the plague. The site looks cheap, to be honest.
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I largely view BTC as a safe, store of value that can never be taken away from me so long as I retain custody of my private keys. I do occasionally use BTC to buy digital goods online
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I am a sceptic but I think it is interesting, and the decision to reward long time holders (SP) is a good design feature. Not sure it is a threat to BTC so much as it is to Reddit and FB.
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BTC is the crypto reserve currency of choice, so you should punt other cryptos for upside but aim to hold your winnings in BTC
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At this point, from what I can tell you only needed to have photos of your tits out to get massive upvotes and collect large payouts. Sustainability needs to come from somewhere else.
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I think many of these points are valid, but it's too early to say what will happen. As payouts decrease with the flurry of new users, it will be interesting what happens with lowered incentives. Fundamentally, a 100% inflationary system is hard to support.
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Steemit comes pretty close as it is effectively a network that connects content creators, curators and consumers together in a way that can be thought of as a high-quality social network with economic incentives driving alignment
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I am starting to get seriously enthused by the steemit project. Seems like an interesting and unique blockchain application. May be a good punt despite the recent run-up in price
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I can't see past ether trading in a $8 to $12 range for the foreseeable future. There is just no meaningful bullish trigger to look forward to in the near term
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At the moment, I am pretty bullish about Steem and Z-cash as and when it releases. Both have unique utility and a passionate subscriber/initial user base
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I do my bit by taking a 90-10 approach. 90% of my holdings are in paper wallets held for 5 to 10 years. The remaining 10% is spent buying stuff online and circulating BTC through the economy.
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Bitcoin's network effects will always make it the go-to Crypto. The alts are, as others have said, very important for the ecosystem as they allwo new features and visions to be tested in a relatively risk-free way. The best amongst them will sustain and reward the creators and early adopters. But BTC is the reserve crypto.
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BTC has a hard limit of 21mn. Scarcity is a key variable for a strong store of value attribute to kick in for any asset. That simple design principle is a key reason for BTC to flourish.
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I know at least two folks personally who almost certainly are in 4 digits. They are also the guys who introduced me to BTC. |
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