Normally I buy my STEEM with Steem dollars but with BTC going up like a rocket I decided to change some BTC into STEEM.
I bought around 500 STEEM @ 92 cents.
I always use blocktrades.us. It's the most convenient way.
With SF2 around the corner and all the development that's going on and has been announced, I think it's a good time to buy.
For me, the Steem blockchain is one of the most misunderstood blockchains out there.
Most will judge the Steem blockchain on the performance of the Steemit.com website and it's users but I try to look further than that. (I sort of have to because I'm heavily invested).
For me, Steemit.com is only a part of what will become a Steemblockchain ecosystem.
An ecosystem filled with apps and different frontends using many different SMT's (Smart media tokens) and all connected through the Steem blockchain.
We had the announcement of at least two projects already (APPICS and Vice). I follow them with interest.
I'm hoping for some more cool stuff at Steemfest. It would be the perfect place to announce something :)
I see steemit.com now as the first project (or test case) build on top of the STEEM blockchain.
Much more is possible.
In my interview with Terry Brock I said that investing is also taking risks. And the more risk you take the more potential for heavy loss or big profit.
When it becomes more clear whether an investment is good the risk is lower but you also have to pay more for investing.
The lowest I ever bought STEEM for was 8 cents. It was a huge risk because everyone said the platform was going down :)
I don't think those times will come back anytime soon because it's clearer now what this platform can do and where it will go.
Under a dollar, I'm buying. Gradually as always!
And now I'm off to drink some barrel age beer :)
Have a great weekend!
