As we all know Steem has increased in value by over 1000% in less then 2 weeks.
But I am going to bet all my crypto money on it anyways and I think it is a good decision.
Normally after something goes up in price this much I would just say I missed the boat and forget about it .
Just like the bitcoin pump to 250$ every one thought it was crazy but we soon saw highs of 1000
I think for Steem we are just getting started and we are here
It seems to me that Steem is the killer app that is going to bring crypto into the largest part of the mainstreams attention.
Because social networking is the biggest industry possible to apply crypto currency incentive.
People already want a better platform but now they can have a better platform and have incentive to come post on it.
It reminds me a lot of YouTube because there is incentive for people to make content more people do and more people come to YouTube because the platform has the content.
I think that steem is going to help Bitcoin and other crypto currencies get into mainstream.
when you try to get someone to use bitcoin they have no idea why they would want to use it it's to foreign to them steem fixes this.
The platform pays you to do what you already want to do and then once you have made steem dollars you will educate yourself about crypto because you are making money.
I am just waiting for bittrex to reopen trading so I can buy in now that I have decided on this.
I hope there will be a panic sell so I can get even more steem cheaper it would be nice :)