Why STEEM's price will be HUGE:
According to the report titled, 'The State of the Blogging Industry 2017', by convertkit.com, the main incentive for a blogger to start blogging is to become self-employed:
As you probably already know, its incredibly difficult to create a blog and be successful, due to how saturated the market is. Most resort to Amazon affiliate links to make money, but how much can they truly profit from that?
I tried a while back with a test blog and made 0.001 cents in a month.
The volatility of a blogger's income is drastic and the barrier to new entrants is, as Trump would say, 'YUGE'. Only the 'Pros' seem to do all right, and the 'not-pros' seem to barely get by:
Most still do not know Steemit exists. I told my friend today and he was shocked by the concept.
If you compare total searches of 'Bitcoin' to 'Steemit' it seems as though Steemit doesnt even exist to everyday people.
There are similar concepts to Steemit out there, namely, 'Golos', but Steemit already has its foot in the door. When regular bloggers migrate to blockchain platforms, where do you think they will go first? Obviously to the platform with the most daily active users. Why would they risk not getting their content seen?
Thus I can say with utter conviction that Steemit has not reached the growth it deserves yet, and has a LOT more fuel in its rocket before we reach Mars, or even Jupiter.
