Although the age of steam is gone for over a century the era of Steem is about to come. And persist. Yes, Bitcoin has already made a huge effort and still is in its prime, altcoins such are Ethereum, Litecoin or Ripple keep growing but it is Steem that will prevail.
By the way, Steem has multiplied its value fifteen times since January.
Why is Steem’s future that bright? Unlike other currencies it really is social. A community matter. True, since the value of (crypto)currencies depends on the trust of the public and words spread by opinion leaders, any currency needs its own community - its believers. However, Steem builds up its own social network Steemit, that currently reports more than 220.000 unique active users. And we can most definitely expect a boom soon.
What if Facebook paid people for content?
It would be like Steemit then. The easiest way to get some Steems is just to be creative: share your ideas, opinions, experience, information that may help the others, etc. Or just read those. It is simple and it works for anybody. There is no need to spend moneybags on hardware and electricity as if you were mining. Giving a tip does not cost you anything, it is quite similar to liking a post on Facebook. Receiving a tip makes you Steem.
As a result, Steemit users tend to share anything important, which make Steemit a great source of valuable information. Check yourselves how many useful and often insiders’ information about Bitcoin, cryptocurrencies or your favourite topic you can find there.
Steemit is on its way to become Facebook for those who have something to say and are not afraid to do so. And who are paid for that.
Are you into numbers? Keen on Steem!
On Tuesday 20th of June, Steem beat the world record for number of confirmed transactions in a 24 hour period. 646.711 transactions that day. Bitcoin has never beaten 400.000 transactions per day.
Steem aims to have consistent and reliable block production every 3 seconds. Hence any transaction is accepted almost immediately.
Steem has no transaction fee (zero is a number too). Fast and fee-free transactions make Steem perfect for speculation.
Steem has a great liquidity compared to other cryptocurrencies. And it is still awaiting its whales. Two leading exchanges are Poloniex and BitTrex that in total keep about 15% of the total market capitalization of Steem. And they both keep increasing its share.
