We all know what SteemIt did last night to cryptocurrency community and it might continue to do some wonders in next few days as well. The price has dropped from yesterday's high high and it seems it will be running sideways for a while. I wonder whether it will be able to pull up and continue the rally or will it behave just like some other small altcoins did in the early days !!
The future seems bright for this platform but how long would it take to get there considering this platform is still in beta. What price point it may hit in a week, month and a year? .....
Consider the beta-nature of Ethereum and the lack of real-world use.
This is definitely an interesting version of Crypto currency. I've been trying to figure out what is driving it up as well as what could pop it. I still dont fully understand where the steem comes from when steem dollars are converted, etc. Guess it is time to read the white paper.
The white paper is worth reading. The is a value behind Steem because people like sharing.
Pop!
