STEEM PLANT ROOM
Following the recent seamless and highly successful Hard Fork 19 I thought it would be a great idea to celebrate the event by giving the STEEM PLANT ROOM a quick lick of paint..!!
This celebratory lick of paint is to highlight the Jaw Dropping scalability of not just STEEMIT but the STEEM ECOSYSTEM as a whole.
Sure, STEEMIT is going to be a MASSIVE SUCCESS, this I have no doubts about, but what is going to be EVEN BIGGER is the EXPLOSIVE GROWTH we are about to witness in the complete STEEM ECOSYSTEM.
STEEM ECOSYSTEM
Currently STEEM has a Market Capital of approx $468 million and comprises of 234 million "floating coins" at $2.00 / coin.
This $468 million valuation is CHEAP considering on Tuesday STEEM broke the World Record for the Number of Transactions that have ever been recorded on a BLOCKCHAIN at a MIND BLOWING 646,711 Transactions.
As most people are focused on the performance of STEEMIT as a Community, and understandably so, it will be the synergy of the complete STEEM ECOSYSTEM working in harmony that will CATAPULT the Market Valuation to the Dizzy Heights currently beyond the wildest expectations of even the smartest looking into this.
A MILLION USERS WITH 234 STEEM EACH
To fully understand the numbers you have to understand that with a mere 234 million coins available should the number of User Wallets hit ONE MILLION I will let you do the maths and work out what would happen if the majority holding an average of 234 STEEM decided that they were NOT GOING TO SELL no matter what price they were offered..!!
I will leave this thought with you.
Thanks for reading.
Stephen