@demotruk the value not only come from numbers of transaction or usage,involve many factors,1) Demand,2) Concept,3) Usage,4) Infrastructure,5) Big Community,6) Active admin.Neo have that and more
Any value coming from those other factors would come to be seen in rising usage. Lack of usage (despite plenty of time) is an indication that the perceived value from other factors is illusory.
Imagine a car company produced a brand new car, which was really popular on online forums, there was speculation on the company's stock and even dealers purchasing the car to sell, had great innovative ideas and features... but within 2 years nobody was buying the car to drive themselves. It would mean that the car wasn't really as good as they thought, it would mean they are missing something.
Dont buy that...many steem transactions are from people who have not invested a penny in steem, how many people are reaching into their wallet and buying Steem with their local currency? Since most steemit signups are from third world countries - probably not many,
@demotruk the value not only come from numbers of transaction or usage,involve many factors,1) Demand,2) Concept,3) Usage,4) Infrastructure,5) Big Community,6) Active admin.Neo have that and more
@demontruk @trasteandolinux only that was my point.
Any value coming from those other factors would come to be seen in rising usage. Lack of usage (despite plenty of time) is an indication that the perceived value from other factors is illusory.
Imagine a car company produced a brand new car, which was really popular on online forums, there was speculation on the company's stock and even dealers purchasing the car to sell, had great innovative ideas and features... but within 2 years nobody was buying the car to drive themselves. It would mean that the car wasn't really as good as they thought, it would mean they are missing something.
@demotruk If that were applicable to all the crypto, why dogecoin does not raise in value Dogecoin have more transactions than Bitcoin Cash,
Dont buy that...many steem transactions are from people who have not invested a penny in steem, how many people are reaching into their wallet and buying Steem with their local currency? Since most steemit signups are from third world countries - probably not many,