Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Once Popular Coins (Graveyard) => Other Popular Cryptos / Coins => Steem - Steemit Forum => Topic started by: Crestie C. Tuvilla on May 25, 2018, 04:23:29 AM
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Steem is a cryptocurrency that was released in 2016. It can be traded on the open market through cryptocurrency exchanges and obtained in exchange for goods or services. The price is very volatile due to the limited amount that's available on the markets. It's not very liquid and relatively small trades can move the price. Steemit does allows for mining, even though it’s not the primary way to earn money. Units can be bought or sold against other cryptocurrencies.
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Steem is the cryptocurrency of the steemit ecosystem. It is usually earned members of the steemit social platform by posting, commenting on posts, upvoting and getting upvoted and others. Steem's price is normally fluctuate between $0.6 to $1.30 per 1 steem
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I feel like the currency really favors huge holders over small fish in the sea, so be wary when joining that the amount of steempower you own is much more important than the content you create.. for example Haejin just posts nonsensical Elliot wave charts all day and because of his steempower he can pay himself several hundred dollars per post.. this system is heavily abused and is quite crazy, but you can abuse it too if you play the game correctly.. just be aware before getting in what you are getting into,
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Steem is a cryptocurrency that was released in 2016. It can be traded on the open market through cryptocurrency exchanges and obtained in exchange for goods or services. The price is very volatile due to the limited amount that's available on the markets. It's not very liquid and relatively small trades can move the price. Steemit does allows for mining, even though it’s not the primary way to earn money. Units can be bought or sold against other cryptocurrencies.
STEEM is a brilliant innovation wherein social-media users are rewarded with STEEM tokens for actively participating in steemit. Liking, Commenting and Writing quality content apparently earns you steem dollars.
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Steem is a cryptocurrency used to power the platform Steemit - an incentivized blockchain social media platform. Users create content on Steemit just like other social news platforms and get rewarded in Steem for their work.
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Steem represents a fusion of ideas, drawing from both social media and cryptocurrencies to create a new kind of platform. Anybody can create, share or upvote content on the Steem network, earning cryptocurrency tokens based on performance within the community.
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I guess the information required about Steem is already answered in the posts above and this thread can be closed, perhaps?
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Steem is a cryptocurrency that was released in 2016. It can be traded on the open market through cryptocurrency exchanges and obtained in exchange for goods or services. The price is very volatile due to the limited amount that's available on the markets. It's not very liquid and relatively small trades can move the price. Steemit does allows for mining, even though it’s not the primary way to earn money. Units can be bought or sold against other cryptocurrencies.
In my thinkers I consider steemit a place or container where we can share a news or information locally and abroad, we just share and share a useful information for users of crypto currency ,,