Even if this would never happen, honestly, where do you earn 1 Dollar, or even 10 cents just for writing a post?
And even if STEEM only will reach 10 % of the market cap Facebook did, that's still 83 Dollar a day, which equals 2.500 Dollar a month. That's way more than I earned in any job I ever worked.
This is the way that I'm viewing Steemit, not by the gross amount that Steem may be worth in the future, but by it's potential income value for retirement and income security. I currently receive a check for about $800 each month from a former employer as part of my current income, but that check will not always be there because it is set to end when I reach retirement age. When I realized the potential of Steemit I understood that there was the possibility to replace that income in the future if I became established here and learned how to help others while at the same time helping myself.
So my beginning goal was to learn how to reliably and consistently earn $2/day worth of Steem on Steemit. If I did that I could average about $60/ month now, but when Steem reached a totally reasonable value of $10/Steem then that $60 would equal $600, which would then be available to supplement my income in the future. So if I work here on Steemit for the next 5 years and average $2/ day in Steem earned, which is currently valued at <$1, then when it reaches a value of >$10 by 2022 I will have at least five years worth of supplemental income @ around $600/month available to me.
Of course there are a lot of variables and you can't tell what the future may hold, but this is way better than wasting my time on other social media sites and having no income produced at all. Besides, I like the people here and I have learned a lot of interesting things by interacting with these highly intelligent folks that I find here on Steemit. After all, most of those that are already here are way ahead of those that are still floundering around on those sites where they are being exploited for the value that they hold in their ability to simply comment, post and interact with the ad content. So they must obviously be a lot smarter than a large portion of the population.
How cool is it that I can esteem you and give you something in return for the time that you spend with me and for all of the things that you share with me on Steemit? I sincerely value those who interact with me here, I may only be able to show that value in a seemingly small way monetarily, but I can't do that at all on other sites, over there it's just with words of gratitude which I can also do here plus so much more. This is way better, waaay better! 😎
I think your plan is awesome and I am sure it is attainable. Either way like you say there is so much more than just the money here on Steemit.
You can connect with anyone over the world. You can add into any discussion you want. In a way it's like being able to travel the world through your Steemit account.
On another note, hearing your plan I would advice to also allocate some funds to some other altcoisn to spread the risk a bit. But I am sure you already have that covered
Yes I do Dan, but not nearly enough. I'm looking around here now to see what I can sell, cash in or dig up to rake up some more capital for investments. I have this feeling that some major shifts will take place following the Bitcoin fork and that a few of the Alt-Coins are going to see movement toward mass adoption. But which ones? Even if I knew for sure what the answer to that question is, I could never raise enough money to invest to be completely satisfied, so it will just be what I have going into what I think, and that will have to do. 😎
You are right. Even At this point Steem will be a force to reckon with ! I think the next time we head in a northerly direction we might get an all time high . Let's hope so :)