Okay, so lets jump right into this. Steem is a multi-platform cryptocurrency which operates unlike other traditional currencies. Mining is essential to Steem and its unique method of distributing funds (ie; mining) places it in the top 10 most popular cryptos..... And it's only in beta.
Before we start, I would like to recommend investing in the currency right away as it is going to increase in price once released publically.
The above graph just shows why now is the ideal time to invest!
Now, the whole idea behind Steem is based on WHALES. WHALES control the market and decide which currencies get pumped, and which get dumped. These are users who have millions upon millions of dollars invested in cryptos and move their cash around. Some WHALES are dormant and their funds never see another currency in their lifetime, but the interesting WHALES are the ones who are active..... And erupting from their blowhole.
Lets talk about the security of Steem.
So, when a WHALE invests its cash in Steem, it will climb a lot. However, due to the multi-functional cryptographic mount Steem has created over the past few months due to a successful mining campaign, it has become close to bullet proof; unlike the likes of Ethereum which are exceptionally volatile.
This is similar to Lykkecoin, another WHALE bay.
Now, the maths is interested, because similar to all other currencies, Steem is based on a multi-lingual parabolic shape. It is constantly creating parabolas as the price increases and decreases. However, in the larger picture this appears much more like a zig-zag. This is not always the case for Steem though. Due to the WHALE-based mining campaign, Steem can safely say it is on a constant upward parabolic slope, yet to develop its parabolic bellend.
Thanks for reading, any questions can be posted in the comments below. Strictly intellectuals/enthusiasts only!!!
