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RE: Managing Expectations when trading SBD for STEEM

in #steemit7 years ago

just wanted to add this link for everyone who see this post, as @knircky wrote an excellent article that goes much deeper than my short bit towards the end of this post. He compares the valuations of STEEMIT, Facebook, twitter, etc versus active monthly users:

Steem: 250m / 100k = $2500
Facebook : 485b/2B = $243
Twitter: 14b/328m = $42.68
Snapchat: 17b/255m = $66.67

And remember, STEEM / SP holders collectively own the platform in this case. If STEEMIT can achieve just a small fraction of these valuations... well, here's the link for you all to evaluate for yourselves:

Link: The value of Steem and its users: 1 Steem user = 10 Facebook users!