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RE: The price of steem can go a lot higher, here's why:

in #steem6 years ago

valid points on multiple fronts, but i agree with @jrcornel, could be other reasons for driving such a surge in price. and even if it were, there has to be a wide adoption of STEEM for it to hit 100. Ripple for example has a value proposition beyond its XRP status. it can potentially replace SWIFT, which is a banking system. STEEM would surge if it was viewed as a viable substitute to Facebook.

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steem will become a bank with a plastic card that is accepted everywhere very soon, that will drive the price x5 times.

Bank card?
Is this statement based on some hard facts? Or on you last night dreams?

until present time , i predicted iota will go up, omg , ripple, civic, and others , the point is like this nxt will get big emc2 and others
The point is that predictions are made as the market changes at this point i can just tell you that there is a team that will build this technology and it will be legal .

It's accepted via the payment gateway that I use, Living Room of Satoshi. Honestly wouldn't be surprised if someone does a plastic card for it, depending on the popularity of the site.

STEEM would surge if it was viewed as a viable substitute to Facebook.

That while is possible, needs a bunch of extra features, like better content discovery and chat messages.

video message chats and file share is what is needed, for this we need server network around the world first will be steemit bank and projects will rise

But if something needs dedicated servers, then I'd argue if it's really decentralized?

dPoS while a decent solution is already setting up some centralization. We shouldn't add more centralization to the Steem ecosystem.

Absolutely agree. We shouldn't add more centralisation.

However, now that WebRTC is widely supported by browsers I believe videochat can be done without the need for centralised high-bandwidth servers.
For decentralised file-storage there are also some interesting projects live already. IPFS (which i think is used by d.tube) or blockchain based like Sia or Burst.

If you ask me, chat messages shouldn't necessarily be stored. It can be session-only or DOM-only. It has its drawbacks UX-wise but I'd consider it safer than permanent chat recording like in Facebook.