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The investment case for Steem from a Justin Sun perspective... Hint: Steem is ripe! by jrcornel

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steem · @jrcornel ·
$19.47
The investment case for Steem from a Justin Sun perspective... Hint: Steem is ripe!
https://i.postimg.cc/7ZcjctQB/fruit-bowl-variety-fresh-ripe-fruits-glass-43978696.jpg

# Steem is extremely ripe right now from an investing standpoint...

Think about steem right now from a Justin Sun point of view...

Yes there has been a ton of drama out there surrounding this new partnership with Tron, but stepping back a bit and thinking about the possibilities, one thing becomes very clear.

Steem is very ripe from an investing point of view.

Think about it for one second...

If you are Justin Sun and you are looking to maximize your returns, you see steem and you see a very interesting opportunity.

Here is a coin that is not listed on many exchanges, not compared with many of the coins ahead of it coinmarketcap.

It has several of the most popular apps in all of crypto as well as a whole host of other positives going for it.

And, it's currently only valued around $75 million...

Now, thinking like Justin again, I know I have many contacts for getting coins on exchanges, plus I own one in Poloniex.

An easy way to increase value in crypto is to get a coin on more exchanges.

And looking at steem being worth $75 million vs. $1.5 billion for Tron, what is going to be easier to create value for?!

Steem, easily!

Just by getting steem on a bunch of new exchanges he could get steem up 10x from current levels. Tron is already on most exchanges and is much harder to move up 10x from current levels.

I think Justin looks at steem and sees that it's going to be pretty easy to make his next $100 million there at the very least, without even any heavy lifting.

If some things go right, it could be much much more.

There are not many projects or opportunities out there with the ingredients that steem has going for it right now.

With Justin's connections we could be looking at a home-run from here without really breaking a sweat.

Anyways, here is the latest interview from @andrarchy that puts a lot of those fear based rumors to rest, enjoy:

https://steemit.com/hive-100421/@blockbrothers/jevdpbnn

Spoiler: **NO COIN SWAP ANYTIME SOON**

Stay informed my friends.

Image Source:

https://www.dreamstime.com/photos-images/steem-glass.html

-Doc
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@ericvancewalton · 
This is the most common sense I've read in the past week. Justin Sun is an extremely intelligent person. For him to make this purchase he had to see immense potential.
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@jrcornel ·
$0.04
Agreed. Did you see his educational background?

https://steemit.com/steem/@jrcornel/some-background-info-on-justin-sun-tldr-he-s-not-dumb
👍  ,
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@ericvancewalton · 
Absolutely! Although I’m not a firm believer that degrees from prestigious schools equate to intelligence or business acumen I think Sun’s track record speaks for itself.
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vote details (1)
@intothewild · 
I was thinking these same thoughts when I heard the news @jcornel. Ned probably made off handsomely and Justin scooped up a down in the dumps crypto project that is awaiting blast off. I am optimistic and only can assume that someone who would spend the money he did to acquire Steemit that he would want to see it do well. Time will tell.

Posted using [Partiko iOS](https://partiko.app/referral/intothewild)
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@jrcornel · 
Ned was happy with millions, perhaps Sun is hoping to make billions!
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@irmao-joao · 
# According to the Bible, *Charity Means Love (4 of 5)*
***(Sorry for sending this comment. We are not looking for our self profit, our intentions is to preach the words of God in any means possible.)***
https://youtu.be/R5POKm9uQiI
Comment what you understand of our Youtube Video to receive our full votes. We have 30,000 #SteemPower. It's our little way to **Thank you, our beloved friend.**  
Check our [Discord Chat](https://discord.gg/vzHFNd6) 
Join our Official Community: https://beta.steemit.com/trending/hive-182074
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@parthakp · 
Banana is good for weight loss
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vote details (1)
@jrcornel · 
Unrelated, but good to know!
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@starworld · (edited)
"Steem is very ripe from an investing point of view."

That same thing was said a year ago, and since then, investors have lost a lot of money investing in the Steem coin.  

"Here is a coin that is not listed on many exchanges

There's a very good reason for that. There is virtually no demand for the Steem coin outside of the Steemit forum platform.

"And, it's currently only valued around $75 million"

Which is many times more than it is actually worth.

"An easy way to increase value in crypto is to get a coin on more exchanges."

No, that is putting the cart before the horse. Getting on exchanges is easy, but you first have to create a reasonable demand, otherwise exchanges are simply not interested in listing a coin. Ask yourself why there are 2500 or more cryptocurrencies available today, yet most exchanges carry only a tiny handful of them. The reasons is simple: NO DEMAND

"There are not many projects or opportunities out there with the ingredients that steem has going for it right now."

Such as?

"With Justin's connections we could be looking at a home-run from here without really breaking a sweat."

Don't count on it! Justin is in this for Tron and for Justin, NOT for Steem or Steemit. Companies don't buy other companies to make them better; Companies buy other companies to add to their own sales and bottom lines. Any benefits realized from the Steem/Tron integration will be realized by Tron and it's owners, and not by Steem or its owners.

"NO COIN SWAP ANYTIME SOON"

Are you quite sure about that?

..
👎  
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vote details (1)
@jrcornel · 
Watch the interview with @andrarchy that I linked at the bottom. It may change your view of things...
👍  
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@lucylin · 
I have yet to listen  andrarchy and feel any better.

Seems to me that @starworld talks pragmatic common sense.
(and the downvote is totally unjustified, imo)
👍  
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@starworld · (edited)
"It may change your view of things..."

Not at all! I'll stick to my prior predictions. 

I think it rather obvious from that interview that @andrarchy is either lying, or else has simply not been kept in the loop with regards to what is really taking place at Steemit. Furthermore, several times his views contracted themselves. On the one hand he admitted that Steemit was near bankruptcy, yet on the other hand he insisted that Steemit had a sustainable business plan. Those two arguments simply contradict one another. A company with a sustainable business plan does not come close to bankruptcy, nor does it desperately need a cash infusion (in other words, a bailout) as he suggested, which is exactly what the Tron take-over/buyout is.

Steemit did not, and does not have a sustainable business plan. No company can continue to payout author and curator rewards without income, and Steemit has no significant source of income.

To suggest otherwise is being rather naive, to say the least.
👎  
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@waybeyondpadthai · 
Love this positive thoughts. I have high hope for these changes :)
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@xplosive · 
Steem is currently not supported by Coinbase. I would be happy, if Steem would be listed on Coinbase. I could buy Steem without buying Bitcoin (BTC) (or any other cryptocurrency) first. Similarly with selling. I could sell Steem without exchanging it to Bitcoin (BTC) (or any other cryptocurrency) first. Listing Steem on more exchanges would really help Steem.
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@jrcornel · 
Yep, I think many are in that same boat. There are very few fiat on/off ramps for steem. There are none that I know of in the US currently. I imagine he will work to get steem listed on many Asian exchanges rather quickly.
👍  
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