BITCOIN & STEEM:
#BITCOIN: $1,000 invested in BITCOIN in 2010 is now worth a whopping $24.0 million.
#STEEM: $1,000 invested in STEEM in 2016 is now worth a cool $13,400.
Both remain STRONG UNDERVALUED and both remain STRONG BULLISH.
Thanks for reading.
Stephen
Shared on LinkedIn. Stephen
Shared on twitter. Stephen
And retweeted!
@stephenkendal , I do not even believe we are close to the top yet. Specially steem. Got another two users to sign up yeasterday, good thing is both of the are do'ers. The sky is the limit for this platform.
We like Do'ers..!! They can join us in the Do'ers Gang and leave the Moaners to do what they are good at..!! Well done on the sign-ups. AWESOME..!! Stephen
@stephenkendal , could you recommend a good cryptocurrency wallet? I currently do not own any bitcoin but I am very intrested in investing in steem, I know that the only way to invest in steem is with another cryptocurrency. Any guidance would be awesome. Thanks for your time.
Sadly I cannot make any recommendations I am sorry. Stephen
I have been very happy with Jaxx -- it handles a variety of currencies, especially the desktop platform. It also has Shapeshifter on board, so you can convert between them.
Lykke is another I like, as it handles a ton of fiats, Lykke, BTC, and a few other cryptos. And you can link it to your bank account or creditvouchers.com to fund with fiat.
Abra and Gemini seem like good options for fiat funding and converting to BTC.
Good luck!
Thanks for the info
Welcome!
In the next 5 years, i believe steem would take over Bitcoin and $1k invested in steem may be more than 25.0 m. Because in the first year, Bitcoin has not gained more than 500% but steem has gained whopping 1300%.
I am not sure whether STEEM will pass BITCOIN in price, but for sure I can see STEEM with a Market Capital in excess of $500 billion in the next 5- 7 years..!! Stephen
Actually going to trade in two gold buffalo's today to snag more crypto... probably ETH.
Consider ETC!
Why ETC?
Ethereum Classic (ETC) is the name given to the "shares" in the Ethereum Foundation created after the hard fork.
The biggest difference is immutability. The Ethereum blockchain was built on the concept of immutability. ETC was created, to distinguish it from ETH post-fork, because its developers refused to rewrite the code after the DAO hack. That makes it very interesting.
Catalysts for ETC growth:
Later this year, the ETC community will vote on whether to introduce a hard cap on its currency. Today, there are about 90 million ETC tokens. Under the plan, the number of ETC tokens ever created will be capped at 210 million. By comparison, an estimated billion-plus ETH tokens will be outstanding by 2070. The hard cap on ETC will create scarcity. And that scarcity will increase its value.
Barry Silbert, CEO of Digital Currency Group, has designed a type of fund that would allow institutions to invest in crypto coins like GLD did for gold. On September 25, 2013, he created the Grayscale Bitcoin Investment Trust and was able to invest $250 million of institutional money into BTC. He’s about to do the same thing with ETC, by issuing a security that owns a stake in ETC, giving the institutions that own the security an indirect ownership in the underlying token. The institutions that could not invest in ETH as it jumped 1000+% will be able to invest in ETC, practically on the ground floor.
ETC is about to launch support for a programming language called Scala, developed by one of Ethereum’s founders, Charles Hoskinson. He and his team expect to have a production-ready version of the software by the end of the year. This will attract other developers, attracting more users, creating value.
Good luck!
Thank you for the comprehensive reply!
Bitcoin to reach $5000 by the end o the year!
Wow, I see it climbing also on NEWSBTC it is even higher now than the closing of 2304. at 3:45 this morning. Thanks for keeping us posted stephenkendal.
Never give up. It can be done. Thank you for showing us the proof. If Bitcoin can gain the world's attention. Steemit should easily do as well, and maybe better.
Patience friends.
Francis
The sky isn't the limit anymore :)
Cool:)
WOW
That's insane. Should a could a would a.
I am somewhat sceptical over whether Bitcoin will keep growing, but alt-coins definitely will!
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resteem and upvote for you....