RE: What are some facts that ensure that Steem coin will stay in scenario for a long time and will not lose its value in long term like many other crypto coins?

[hijosdelhombre]

> should ever reach previous levels (4usd or more) because it would destroy this platform

Explain this. Why the price would destroy it? It doesn't make sense.

Comments

[crypto.piotr]

Dear @hijosdelhombre

I just realized that I never actually thanked you for your comment. Somehow I missed your reply and I only had a chance to read it now.

Explain this. Why the price would destroy it? It doesn't make sense.

Right now new users already struggle with low Resource Credit limits. Without buying 40-50 STEEM and powering up noone can function on Steemit.

Can you put yourself in shoes of any new user, who would have to buy 40STEEM while steem = 4$ ? That would mean that Steemit would cost them 160-200usd just to "try it out".

That would kill new user flow.

Cheers :)
Piotr