"Opportunities don't happen. You create them."-- Chris Grosser
A few days ago I joined the Social Media Platform #Steem. Being familiar with the concept for over a year, I’ve come across articles, posts, including the whitepaper that had outlined a simple overview. With the recent volatility in the markets, I decided to join the Steem platform to get a perspective as a user. From an investor standpoint, it’s always good to understand what you deem as a potential investment and more importantly can or does it add value. Being part of the blockchain community for the past 5 years, I have learned that change is constant and quick…so it’s important for each of you to
UNDERSTAND WHY YOU ARE HERE.
It’s vital to remember why we are part of the #Crypto or Steem community. Each week we read of bubbles, riches, losses, crashes, new regulations, hacks, failures, cons, rising prices, falling prices, end of bitcoin or the alts…I could go on and on.
THIS IS NOTHING NEW.
If you stick around here long enough, it becomes white noise.
I LOVE APPLE PRODUCTS.
I bet half the people reading this post were on a Mac or IPad today. Maybe you made a call on your iPhone, facetimed, messaged, listened to music, or checked the time on your iWatch. The company, Apple is so embedded in our life you would think this would have been an easy investment years ago.
But hindsight is 20/20….. Let this be a lesson...
THE FORGOTTEN FOUNDER
Ronald Wayne was the third partner in Apple along with Steve Jobs, and Steve Woznick. He created the logo, wrote the Apple 1 manual, and drew up the partnership which stated he was 10% owner and then 2 weeks later sold his stake for a whopping $800 DOLLARS. He stated years later, that he made the best decision with the information available at the time. Although, he felt APPLE would be successful, he knew there would be significant bumps along the way and he couldn’t risk it as he was getting older. He clearly did not think about where he stood in the space at that moment. Unfortunately, his 10% Stake would be worth over $75 BILLION…..2nd or 3rd RICHEST MAN IN THE WORLD.
From Wikipedia, I learned, Ronald Wayne retired to a mobile home park in Nevada selling stamps and rare coins in Pahrump. Until 2011, He never owned any apple products and how could he. I can only imagine the frustration he felt knowing “I WAS THE FIRST”. I’m sure he heard computers were going to fail, just like the internet is for buying drugs and BITCOIN is for paying for them.
“Only a fool learns from his own mistakes. The wise man learns from the mistakes of others.” ― Otto von Bismarck
UNDERSTANDING WHY YOU ARE: THE REAL QUESTION.
I enjoy reading price predictions. From an early age, we are taught to hope, and not to fear. That somehow HODLing is the right thing to do. No matter what! Or if something is moving up or down, it’s too HIGH or LOW….Was #bitcoin high or low at $1, $10, $100, what about $1000 or now $3000. If bitcoin went to $25,000 would that be considered high? The answer really depends, on its potential value and time.
What about #Ethereum, Litecoin, Ripple, Dash, Zcash, Gnosis, Decred, Sia, or any asset that has SKYROCKETED the last few months. What about the new companies that have recently launched. Will they see their time? Honestly, I don’t know. I’m sure a few will. Remember:
Predictions are just an opinion of a measurement or belief in that moment of time.
Below I’ve created a few tables to help everyone understand the essence of time and the potential growth of a solid company with an expanding consumer or user base.
APPLE THE BEGINNING.
1st year sales 174 THOUSAND 1976 AROUND THE SAME NUMBER OF STEEM ACOUNTS
2nd year sales 2.7 Million
3rd year sales 7.8 Million
5th year sales 117 Million GOES PUBLIC (1980) 4.6 MILLION SHARES $22 EACH
7th year sales 1 Billion
40th year sales 223 Billion 2016 5.2 BILLION SHARES $150 EACH
APPLE IS YOUR FATHER’S COMPANY….41 YEARS OLD
ETHERUM
ICO (.30 cents) Raised 15 million to build launched July 30, 2015
9 months 179,000 wallets ABOUT THE SAME AS STEEM NOW
1st year 499 thousand wallets $12.64 82.5 million supply
2nd year 4.9 million wallets $205 93.6 million supply
3rd year PROBABLY OVER 10 MILLION VERY SHORT TERM
5th year I DON’T KNOW SHORT TERM
40th year I DON’T KNOW SUPER LONG TERM
**FACEBOOK **
1st year 1 Million Accounts MORE THAN HALF ETHEREUM AND 83% MORE THAN STEEM
2nd year 5 Million Accounts EQUAL TO ETHEREUM… STEEM UNDER 2 YEARS OLD
3rd year 12 Million Accounts TIME WILL TELL
5th year 350 Million Accounts
13th year 2 Billion Accounts
STEEM
5 month 100,000 users 500,000 unique monthly visits
16 month 170,000 users 12 million unique monthly visits….SOLID GROWTH
3rd year I DON’T KNOW IT’S TO EARLY TO TELL
5th year I DON’T KNOW LESS THAN 2 YEARS OLD
10th year I DON’T KNOW
FUN FACT….In October 2006, 16 months after Reddit was founded and acquired by Conde Nast, the company reported 2.1 million unique monthly visitors WHILE STEEM HAS 12 MILLION UNIQUE VISITS in the same amount of TIME. Something to think about.
THANKS @INVESTWARRIOR FOR THE INFORMATION…
https://steemit.com/steem/@investwarrior/steemit-is-growing-right-now-and-got-12m-visitors-in-june
FACEBOOK, INSTAGRAM, SNAPCHAT, TWITTER, PERISCOPE, AND A FEW MORE SOCIAL MEDIA PLATFORMS ARE ALL PART OF OUR DAILY LIVES..
Each day we spend countless hours sharing our thoughts; creating content, stories, videos, live videos, polls, and more importantly social relationships. We like our favorite post or pictures, share someone’s thoughts, retweet, comment, engage with friends and family and we do all this FOR FREE. A large percentage of the world is on a social media platform. The Same WORLD Where….
80% OF THE WORLD LIVES ON LESS THAN $10 DOLLARS A DAY $300 PER MONTH
50% OF THE WORLD LIVES ON LESS THAN $2 DOLLARS A DAY… $60 PER MONTH
As users (consumers) we don’t think about what we are doing for these platforms, as a business they know EXACTLY what we are doing. We contribute our time and thoughts to the largest content distributers day in and day out building our favorite platforms into Billion Dollar Companies. These companies in return, trick us into believing they are doing the user a favor by allowing us to contribute. Think about that for a second.
WILL YOU WORK FOR FREE……If so, please come over to your favorite social platform.
Which platform does this? ALL OF THEM! It’s just the way this industry works and the users are more than happy contribute for FREE. BUT WHAT IF…..a platform had a built in mechanism to be compensated for your content and interaction? This is how disruption is started, and soon your favorite information highway will be the same platform that loses millions or even possibly billions of users for one simple fact…..
TRUE FACT: TIME IS MONEY
WHAT IS THE WORLD GOING TO THINK?
First they are not going to believe. Then the courageous ones, anyone here now, will tell their stories about #Steem. Is this going to happen overnight? Don’t expect it. When it is seen multiple times or someone they follow on their platform switches, they will take notice. But it will take time. They are going to be amazed at doing an everyday habit and being compensated to interact with their friends, followers, and family.
Remember, At this point only 170 THOUSAND PEOPLE Worldwide realize this is possible: STEEM ON…
It’s VERY important to understand we are BARELY OUT OF YEAR ONE.
So, where are we? Out of the 7 billion people on earth only a few hundred million have heard of a bitcoin. Ask those same people about a blockchain and reality will set in. Don’t even ask about anything else. It’s just too new! In this space Ethereum is pretty big, but with only 5 million wallets, it’s not that impressive globally. FOOD FOR THOUGHT…THAT $400 PRICE TAG? this early…. We’ve told our family and friends, but overall at this point about 98% of the world has no idea about the changes that are on the horizon. Remember where you are at this moment. You’re called an early adaptor or investor. One of the few!
Now for 16 Months STEEM has been quietly growing. We love to track the price of something we are a part of or invested. It’s totally understandable, but remember REAL growth takes time. If this succeeds the price your thinking about will probably WAY to LOW. I speak from experience.
Realize this platform could evolve into something unexpected. With open source you might say the interface or layouts could change multiple times. Maybe our followers are grouped into different feeds, Maybe this becomes a main source for uncensored world news. Or this runs side by side different social platforms. Maybe new distribution on rewards, or an app is created to link all our followers from different platforms, and maybe I’m wrong. It’s just too early to tell. Things will ultimately have to change to handle the growth and user experience if this is THE PLATFORM…But….
SOCIAL MEDIA IS GOING TO ROCKED BY THE BLOCKCHAIN REVOLUTION
Your content, music, videos, art, poetry, comments, votes, replies, likes, will one day all be compensated to the original distributor.
THE BILLIONS THAT WE CREATE ON OUR FAVORITE DISTRIBUTION OR SOCIAL PLATFORM ……WILL SOON FLOW BACK TO THE CONTENT CREATORS AND PARTICIPANTS. SO, EXPECT RESISTANCE.
THIS IS TRUE DISRUPTION AND STEEM IS ONE OF THE FIRST PLATFORMS TO DO IT.
Personally, I see Steem as an opportunity for humanity to be compensated for their ideas, pictures, comments, moments in life, and on a global scale. It can also neutralize the disparity between the social classes of the worlds. Content and participation equals’ compensation. And believe me in some countries it’s unimaginable.
I’m interested to see what Steem will look like when it surpasses 1 million, 5 million, 10 million, 100 million, who knows…1 Billion Users…..NOT LIKE IT DOES TODAY. Does THE FACEBOOK, google, any social media interface looks like it did when it started….NO…. All social media platforms have evolved and adapted, but ZERO COMPENSATE.
UNDERSTAND WHY YOU ARE HERE
This could be your moment or just a passing one. I came to the platform to understand the perspective of the user. I hope to connect with many of the orginal members and discuss any new idea good or bad. Thank you for taking the time to read this post, if you like it please leave a comment. Sorry for the Lack of pictures learning.
PLEASE UPVOTE and RESTEEM…and I’ll leave you with this.
IF YOU HAD THE OPPORTUNITY TO INVEST IN FACEBOOK, APPLE, ETHEREUM, BITCOIN, OR ANY GIANT WHEN WOULD YOU SELL AFTER 16 MONTHS OR DO YOU SEE THE BIG PICTURE.