Now is the time that we, the original founding members and initial investors of Scorum, have been waiting for, and it is a time of great opportunity for our newer members that still have time to build an account on Scorum that might take them to levels in the sports media world that they never thought possible.
I know that there are a lot of current members who have gone inactive continuing on with their lives while waiting out this crypto bear market. I also can understand why some of our members have lost hope and they doubt that Scorum will ever be the sports media platform that we all hoped that it would be from the beginning. But I'm writing this tonight to let you all know that I have not only not lost hope, but I'm even more convinced now than ever that Scorum is poised to rise above all of the other blockchain-based social media platforms on CoinMarketCap and finally step into the spotlight. I'm not saying that this will happen overnight, we still have a lot of work and a long way to travel in order to take over the number one spot, but I fully believe that our journey upward is beginning right now!
Here are my reasons for optimism, and if you don't believe me just give this a try and see what happens.
Any reasonable investment into SCR on the exchange right now almost instantly raises the market price, and the price stays fairly steady after it reaches a new high for the most part. The reason for this is that there no long lines of members dumping the coins that they were earning so easily and thus constantly dropping the price. It is true that this means that liquidity has dropped for now and the price can move sharply in either direction, but for now, there are more buyers than sellers and I think that we should take advantage of that situation as much as possible and start bumping up the price every chance that we get. The fact is that right now we are only about 7-8 ETH ($1700) away from SCR at $0.32, I don't have to tell any of you what $0.32 SCR would mean for us. Of course, it would take more than that to hold it at that level, but just the fact that the price could skyrocket by that much for such a small amount of money should be enough to get your adrenalin pumping.
As I'm writing this I can see that Bitcoin is currently in correction mode once again, but I don't think that anyone at this point believes that any of these market dips are going to last very long, soon Bitcoin will surely bounce up over 10K and just keep going up from there. And we know that where Bitcoin goes ETH will follow, and where ETH goes SCR will also follow. So I think, barring one of our Scorum Whales deciding to dump their coins, Scorum coins will be on the rise from here and there may never again be a time to purchase more coins as cheap as they are right now.
Soon the first of the SCR payouts from the ad revenue is going to start rolling in and slowly the rewards pool will begin to start filling up again. Although this will start out slow at first I'm confident that with each passing month those payouts will increase and eventually the rewards pool will also be back up to full speed again as the team continues to roll out the new advertising system. After that things will really begin to pick up as our web traffic begins to multiply with each new member and as each of our dormant accounts start to become more active once again.
I'm pretty sure that we can expect an exciting new update soon to fill us in on more of these details, I wish that I had a lot of inside information to pass along to you but you'll just have to wait with me to find out more about what's going on behind the scenes. All I know is that it is almost time for the ad revenue to begin flowing into Scorum and we can all see the momentum building in the crypto world as we begin to move closer and closer to the next bull market cycle. After taking some time to study what has been happening with SCR the last couple of weeks on Hotbit I just had to come in here and share my excitement, from where I stand the most probable course for SCR from this point forward is up, and some of those moves could prove to be incredibly drastic. $0.32 SCR would bring us up to about #380 on CMC and we would be well on our way after that!
There are three big thresholds that I want to see Scorum pass, the first is for the price of SCR to surpass the price of Steem, which currently is sitting at just under $0.20. The second is for Scorum price to exceed $1, and finally, I would love to see Scorum become the top Blockchain-based social media site by market cap. Do you think that you can help me reach my first goal? If so let's see if we can push the price of SCR up over the price of Steem by the end of July. Hopefully, before then we will start to see some of those SCR from the ad revenue, if so then you gamblers go find some games to bet on while the rest of us hodl and watch the prices go up! ;)
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