Steem and Ethereum 7.46% are the two first chains to break 1 million transactions barrier.
Ethereum struggled, Steem didnt care.
Fundamental
So in my crypto-portfolio you can see I have held Steem Dollars. That has given me greater returns than Steem would have.
Now I want to switch, but increase portfolio level. I feel Steem is giving me a better risk/reward situation.
So what makes me like Steem?
It has in my view (even though I havent used it) a great platform. If you check their stats you can see they currently have 334. 25K 6.99% users and have given out 22.7M in rewards.
That's some good numbers. I would recommend to try it out: http://www.steemit.com
I think the userbase will grow strongly with the record breaking numbers that are entering cryptospace.
That should equal higher price.
Steem could potentially change some of the ways we do social media.
Technical
BTC pairs arent my favorite, but what can you do.
Though, I am liking my pitchfork and planning to use for some very quick daytrades.
Besides that I am looking at the fib levels and have outlined where I think we can meet resistance.
My target for this is between the 0.786 and 1 from recent downturn. 80-100k sat :)
