Steemit Statistics Show Progress In Past 3 Months:
Date: 2018/02/12
Alexa Ranking=1054 (was 2,173 three months ago 2017/11/12)
Registered Users= 757,070 (was 455,023 three months ago 2017/11/12)
Active Daily Users= 61,029 (was 26,571 three months ago 2017/11/12)
Steem Price= $4.10 (was $0.80 three months ago 2017/11/12)
SBD Price= $4.77 (was $0.94 three months ago 2017/11/12)
Steem Price in BTC= 0.00050421 (was 0.00014427 three months ago 2017/11/12)
In 3 months the amount of users has nearly doubled, the alexa rank is cut in half which means Steemit is way more popular now, and the price multiplied by 5.125.
If the price multiplies by 5 again in the next 3 months you're going to see a price of around $20 so buy and hold people. If the increase in growth slows down it might take 6 months for this to happen. Regardless, that's a huge increase in profit for everyone on this platform. So buy and hold.
But why is it growing so fast?
Almost every coin in the cryptocurrency market suffered massive losses in January due to bitcoin's falling price.
Steem coin dropped to a low of $2.62 on February 5th, 2018.
The price has risen to $4.60 as of February 17th.
That's an increase of $2.00 in 2 weeks!
Steemit is seeing massive growth as a platform because it has educational content and benefits users by helping them earn money.
These 2 factors alone make Steemit better than every other social network out there and this news is spreading like wild fire so it's no surprise that the platform is experiencing so much growth.
If the price doubles in the next few months and we hit $9 then that $5 dollar post you wrote about your dog will be worth $10 dollars. This is great news people and great news always spikes growth.
For some of the users that have been using this platform for years, this will be like winning the lottery!
