In this video, I talk with analyst @StephenKendal out of Manchester, UK regarding the incredible leaps and bounds we've seen recently on the cryptocurrency social media platform Steemit.
Steemit is a social media much like Facebook, Twitter or Reddit where you can post what you would on other sites, but instead, make money off your posts. It all depends on the upvote and the upvoter. You gain Steem, the cryptocurrency and SBD the token. You can trade your SBD (Steem Backed Dollars) into Bitcoin or other cryptocurrencies if you wish.
Lately SBD has been skyrocketing for no good reason other than people accidentally investing in SBD rather than Steem which is weird as SBD is supposed to be tied to the US dollar as a dollar each but has climbed to around $12 recently.
All the same, we are seeing Steem skyrocket and as Stephen Kendal says, he wouldn't be surprised to see it hit $20 USD from its current price around $2. A year ago it was around 7 cents!
With smart media tokens coming out and the vast censorship seen on social medias across the board, Steemit stands to be the future of social media, on the blockchain!
Stephen has been doing presentations on Steemit for quite some time now and even had a slot at the London Investors Show. He was asked back to do a live webinar recently and it's garnering a lot of attention.
Of course Steem was the brainchild of none other than Dan Larimer of EOS and BitShares. His innovative mind has created some of the most useful and futuristic ideas on the blockchain.
Mr. Kendal also broke down his thoughts on the recent rally of Bitcoin, Bitcoin Cash and where he sees this evolution of cryptocurrency going next.
See the FULL video interview here:
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Thanks for the great interview last night Josh. Having you as part of the #Steemit Community is a massive asset to us all. Keep up the fantastic work you are doing Josh. Shared on twitter. Stephen
Steem is really changing lives. don't be left behind
Glad to be involved.
Yes steem is really changing life and i'm glad to be a member you can also follow ,comment and upvote my post
Yea, Times are changing that's for sure! Now to watch the growth of the community to which make this soo great!
This post has hit #2 top trending post on Steemit! ;)
Well done Josh. You deserve it. It is videos like this that you do that are educational to people and deliver the truth unlike the garbage coming from the mainstream media. This is where Steemit creates real value. You can be proud to say in the future that you was one of the first to say that the current garbage Futures Market will be scrapped and that Blockchain Technology will take over it. This is why the video is worth so much..!! Again, well done Josh. Like I said, you are a MASSIVE credit to the Community, probably more than you realise. Keep up the great work Josh. Stephen
True we need more content like this on Steemit. take the monopoly away from Utube
Great Video Sir , Steemit is really changing the way of Networking.
I have a strong desire to dance and I never have attended a dance workshop. I don't have a single penny to attend the workshop, I am trying to collect money from Steemit to attend a dance workshop in the capital city. I am a self taught dancer and doing it in my own way, I have a strong desire to learn from professionals. This would be my greatest chance to attend the first ever workshop if you Upvote my comment or posts with better value , my dream might come true ,help me in this .I will thank you from bottom of my heart.
Thank you :)
Send me an update on your campaign, I would like to write about that if it happens :)
Thanks! It's my pleasure! Keep up the great work you're doing Stephen! I'm sure we'll talk soon.
Yes, Great interview. Steemit changed the defination of social media platform. Nice information is given from this video.
Just wait for SMT launch, Facebook, Twitter and other big players will going to cry.
Infact I have few ideas tha ti want to start after SMT launch that will change the way we are using social media, the way are getting online education, the way we are crowdfund.
On day to day basis I will launch many applications with the help of my team on top of steem blockchain.
:)
nice :)
@joshsigurdson - Steem has potential, but it needs to have a better user friend interface (for eg formatting options need to be better) and also an ability to scale up to many thousand transactions per second if it has to compete with social media websites like FB/VK etc.
Thank you, SPK. I have some Man United fans in the family here in Michigan, USA. We are all working for some Steem $ for our "Poshy Princess" (my stepgranddaughter... the 17 year old "footballer"). I am leaning towards Man City just to make it fun. We have Old Toppham on our Bucket Lists, for sure. Maybe with enough Steem $ we'll be able to afford a trip sooner than waiting "til the end". LOL We all hope you are a soccer fan, too. You capture the essence of American Spirit with your vid. Censorship SUCKS!!!! and we hear it's pretty heavy in England! Are you a David Icke fan? or Richie Allen?
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fundposhprincess (25) · 44 minutes ago
Thank you, SPK. I have some Man United fans in the family here in Michigan, USA. We are all working for some Steem $ for our "Poshy Princess" (my stepgranddaughter... the 17 year old "footballer"). I am leaning towards Man City just to make it fun. We have Old Toppham on our Bucket Lists, for sure. Maybe with enough Steem $ we'll be able to afford a trip sooner than waiting "til the end". LOL We all hope you are a soccer fan, too. You capture the essence of American Spirit with your vid. Censorship SUCKS!!!! and we hear it's pretty heavy in England! Are you a David Icke fan? or Richie Allen?
$0.00
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I am powering-UP every single bit I collect here, and do this ever since my day one.
And the #1 reason I plan continue doing this is coming the blast of a bomb. It got the name:
The SMT
Definitely! SMT is going to be a game changer
Huge plays are ahead, that's for sure !
hehe
well said
Wise words
Hello my name is Herman I'm from Venezuela, today I want to ask you to collaborate with my publications, the situation is that my country is very complicated, and together with my wife we are expecting a baby, we both have a job but we only earn $ 2 a month, I earn much more money publishing publications in Steemit than doing 8 hours a day and 6 days a week, the situation in Venezuela does not give to be able to have a baby, but I will strive every day so that my daughter is the happiest and has everything in the life, I do not ask you to pay me a dollar, but if you help me give votes to my publication to achieve savings for when my baby is born, it is a girl and it is almost 5 months shortly before it is born
Cuenta con mi ayuda amigo!
great
I've heard that Venezuela GV is completely corrupt from the wealthy oil companies. I truly hope this could help part of the citizens. #prayers
Herman lei por alli que el gobierno va a permitir a sus ciudadanos comerciar con monedas virtuales, cual es la situcion actual? Si quieres podemos armar una entrevista en ingles y contar tu historia, mi fuerte es la escritura y por ahora escribo en ingles pero me gustaria que dentro de poco crezca la comunidad latina o hispanoparlante en este medio.
Saludos y mucho exito!
Sigueme y te sigo Herman, Saludos!
I watched Stephen's 55 min. presentation on the talkshow and I was astonished with how deep the blockchain goes and the many posibilities it allowes.
Here's to putting the death-nail into YouTube, Facebook, and the Mainstream Media! Keep up the good work!
Keep up the good work, Steemit (and EOS, and Bitshares). It's time for you to have your Bitcoin moment!
Great Analysis! I'm all on board with your topic!
Stephen has been doing presentations on Steemit for quite some time now and even had a slot at the London Investors Show. He was asked back to do a live webinar recently and it's garnering a lot of attention.
Great job...Steemit will soon outpace facebook
Hi joshsigurdson,
Thanks for the great content
I love the optimistic approach
Can't even remember the last time I cared or even when on Facebook or youtube etc.
Thanks for sharing with us, I see steemit as the best platform where you express yourself and also get paid. I am having some big determination in dropping some of this social networks for steem cause I see steemit as been bigger than all of them.
Thank you for sharing! Steemit to the moon my Friends! I am telling everyone I know on this planet about steemit! It is such an honor to be part of the steemit community! It is such a blessing! Wishing everyone the best of health and happiness! Two thumbs on this post! :)
I just don't know how I didn't find Steem before.So many possibilities with it.The content here is outstanding which makes me hooked and on top of that there is an opportunity for content creators to make money for their content.I respect this cryptocurrency and this opportunity.
Wow! @joshsigurdson this is a fantastic Interview. So much insight and I'm now following you both.
I come from the blogging sphere and have done my own analysis on where STEEMIT is and where it's heading.
I'll have something out soon hopefully. It's very interesting and I'm really Bullish on the Platform.
Blogging won't die and I have a very good reason for this which I'll share later, but STEEMIT is definately the future.
Kudos to you too @stephenkendal
Totally agree with the price prediction :)
Enough with the mind-numbing scrolling we see on social media. Although there are positive and beneficial people and influence on insta and fb, the majority of it is mind numbing! I am one month new to steemit and I have yet to find a post that is unworthy of learning about someone! Fantastic stuff going on here.
I am also bullish, but I can't see a reason why the same kind of posters will come to steemit once they see they will have much more control on their profits, I see this will be a third pillar for those content creators.
I love that this platform also just, almost of necessity, demands more of people as well--honestly, even just the needing to grasp cryptos and the passwords/security stuff/cashing out makes people take it more seriously from the beginning. It means better content and less drivel.
I joined in June, and loved it, but life sort of took me away from the platform for a while. But I've been back for the last couple of weeks (just before the crypto world exploded!), and I LOVE being back. The people here are bar-none; people really feel like friends.
Thanks for this! Xx, Kay
Is it
thanks for the great article
steemit 10 dollars soon
I think Steem will peak at $20 during the next alt coin bubble
it's the end of the blog as we know it, and I feel fineeeee
Thanks for sharing post.
steemit ist super ;-)
It is so exciting to imagine where Steemit might go. Unlike so many blockchain projects right now, Steemit is so amazingly unique in that it has a use case, and an operating system currently.
So many projects in this space are just an idea, a promise to one day be something cool. But today Steemit is working, is fun, and is allowing people like you and me to earn money while having fun!
I could really see Steemit blowing up in 2018 as people continue to hear about Blockchain and bitcoin and get into the space.
200,000 members joined Coinbase in one day this month!
Those people are going to get diversified and Steemit is going to be a part of that diversification in the crypto space.
#revolutionary
I think if we could get even like half of the people on Reddit to move over to SteemIt we'd see a gold-rush. It's basically the same platform anyway.
With that said I really hate the culture of Reddit in general. I'd hate for SteemIt to become a meme factory kind of site. I like it because there's this mild classiness to the whole thing!
Definitely a game changer, the revolution is coming, but we have to bring more social media stars on the blockchain to push it through the masses 😁
Indeed! You are on the $ my Friend! I strongly agree! I strongly believe that it is just a matter of time. :)
It would be a great platform for youtubers and instagram models...and attractive for all because here even the fans can get paid. Imagine making $50 for being a superfan of someone that does gameplays just because they have hella steem power and like your feedback
When I tried to explain steemit to my friends many of them just dont get it, or they go on the site for five minutes and just dont see the value or how it works... I think that in one year the steem blockchain and the ways in which we interact with it will be completley different then what we have now...
Even though bitcoin has gone through the roof I am starting to think that investing in steem might be the smartest move I have ever made - for now I will just keep interacting and putting up original content and simply see what happens...
I am worried about the amount of spam and poop posts I see, and also the abuse of tags - I don't think most people want to use thier precios power for flagging people, and of course we dont want censorship here - but really - how can we minimize these single photo posts or copy paste with one sentence posts... I wonder about it all the time.
I think this is the main deterrent to new users right now - they see someone take a screenshot and since thay have so many followers they are making $300, then they write a beautiful blog and get 2 cents...
Who wouldn't be discouraged?
Thoughts?
I also didn't pay SteemFest with Steem or SDB. I just couldn't! I'm glad I did it with €.
People are getting aware about cryptocurrency and they are open to invest and explore.
I think Steemit can really change how people use social media. It's going to change the equations and I am looking forward for these changes.
People like you are helping Steemit growth through contributing quality content and distribution.
Thanks!
Exciting times in Steemland!
Interest varies, Facebook will still be around.
STEEMIT WILL REPLACE ALL OTHER SOCIAL MEDIAS!
Thats very optimistic.
I AGREE!!!
Nice post.
It's just beta version of steemit rightnow. You guys remember how basic if compare to nowdays looked facebook 10 years ago. Steemit still needs some upgrades in general to compete to facebook. I'm sure steemit programmers work for that. Steemit now and steemit 5 years later will look different with many upgrades.
Steemit is one of the best sites. Its going to go further in future i believe.
mainstream social media is not going anywhere. we can't compare FB and twitter to steemit . Steemit have different working model . its like comparison between living and non.
I like your post but still I don't have enough to donate other wise I must.
Steem really is changing things! It’s exciting to be a part of it!! GLTA!!
Nice post my friend
We can change the world with steemit... We love steemit.
Very interesting - thanks...will follow you!
Go steemit!
The value of steemit is taking some time for people to get it, but I believe in the long run people will get it. This platform has more value than any other social media out there, regardless of the numbers using it at the moment.
Happy to be the part of this change !
Very good interview. This gives great pleasure and hope that I am going to be really rich. Hope induced by the key person. My concentration doubles now. Thank you
thinkable post . thank you
good fire good
good one sharings Thanks! It's my pleasure! Keep up the great work you're doing Stephen! I'm sure we'll talk soon.