Since the launch of Steem in 2016, we now have over 400,000 accounts registered on the Steem blockchain as seen at https://steemdb.com/accounts which shows 40,098 pages with 10 users a page!
The data I am happiest to see is the rate of growth! When I joined at the end of May 2017, we had about 160,000 accounts which equals 2.5 times as many users within just 5 months! As this continues ...
How Many Users in 2 Years?
- In 5 months during the beginning of 2018, we can expect to cross 1 million users!
- In 10 months towards the middle of 2018, 2.5 million!
- In 25 months towards the end of 2019, we can expect to reach 30+ million users assuming the growth stays constant!
While these predictions assume growth stays constant, I think Steem's growth will actually speed up as Facebook's did and we will have around 50 million users by 2019 along with an insanely high demand for Steem! Read more in Top 10 Reasons to Buy and Hold Steem!
Why?
Steem is 10x better than existing social media networks and blogging websites because anyone in the world can sign up and have a chance to earn money along with having posts ranked in Google and easily shared on Twitter. No other blogging platform or social media platform offers this high of a return with so little effort. Steem is also so complicated it merits talking about a lot which is ideal for word of mouth marketing. The more the price of Steem grows, the easier it will be to get new users. The more new users we get, the more demand for Steem will grow which will increase the price.
We are all blessed to be in on something this big this early and to have a chance to actually invest in it also! I was one of the first Facebook users and if I had been able to even put $100 in imagine how much I would have today? As Bitcoin continues to split and cryptocurrencies fragment into thousands more altcoins, Steem is quietly becoming the entry point for the masses into the world of cryptocurrencies. As we run more ads and tell more of our friends, our growth is going to start drawing some more serious attention and investments. I believe within 2 years, several investors will collectively put in over $100 million dollars here as they see what we see.
When we hit critical mass which might be more wallets than Bitcoin or a certain price of Steem, everything will flip seemingly all at once as Steem becomes the #1 cryptocurrency and most other digital currencies give up for lack of users and acceptance. There will be no reason to use any of the others when merchants start accepting Steem and hundreds of millions of users have Steem accounts.
Thank you for reading more of my Steem hype and I hope you are having a chance to connect with our newest users!
Love,
Jerry Banfield
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PS: Would you please make a vote for jerrybanfield as a witness or set jerrybanfield as a proxy to handle all witness votes at https://steemit.com/~witnesses because as a top 20 witness I am pledging 80% of my earnings (~$200 a day) towards ads for Steem on Facebook and Google! Thank you to the 1361 accounts voting for me as a witness, the 718M VESTS assigned from users trusting me to make all witness votes by setting me as proxy, and @followbtcnews for making these .gif images!
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