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RE: Steem Hype - Where We Are Now/Why I'm Investing Now

in #steem7 years ago

Only one point to add......I think there will be at least one more hype phase if the refinement, app building and community strengthening delivers. As such, $4 and the rest up to that point will look flat :)

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I sure hope you're right about that. Making the $4 price look flat would likely mean a STEEM price upwards of $25...maybe $50 or more. I certainly wouldn't complain about making $1.5 million for using a blogging platform.

Lol, indeed. That sort of widely distributed capital within a Steem economy could do a vast amount of good. Heck, the planet would be unrecognisable in a couple of generations. Oh and we could get that theme park we always wanted... :)

The one with the rollercoaster that goes backwards??? How awesome it would be!

oh god please no I would die

That would be an utterly ridiculous valuation, but it is fun to dream about numbers like that isn't it? Steemit would be minting more millionaires than Microsoft ever did. :-)

You get a Lambo! And you get a Lambo! And you get a Lambo! Everybody gets a Lambo!!!

Utterly ridiculous.....like 1 quardillion in derivatives or trillions in national dept :) I'd swap that ridiculousness for steem ridiculousness any day of the week.

Hehe, you have a point there... stranger things have happened!

you seem to have gotten the basics down, now please learn from the bitcoin miners and sell your.000worth of bitcoins 5 years ago for 1000s :D how would steemit fare in a competitive market by the way.