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RE: AskSteemit: Where do you see the price of Steem in 2019?

in #asksteemit7 years ago

Thanks. Just had a look. This is what you a referring to below? So you don't have a lot of faith in Appics to deliver the IT side of their pitch? Their presale sold out in ~20 minutes.

"STEEM Purchased for Transaction Bandwidth Enables Maximally
Profitable Participation across SMTs
With the advent of SMTs, there is growing demand for users to hold STEEM, because
users need to increasingly hold STEEM in order to participate, consume, and use Steem
services at a rate maximally commensurate with their growing potentials in respective
SMT ecosystems. Put simply, as power users are growing their earning potential in SMT
communities, they need more STEEM to achieve the bandwidth allowance needed to
perform at their highest possible rate of return in SMT ecosystems. At an application
level, the demand for bandwidth may be satisfied by users or by businesses, which can
delegate surplus bandwidth to their users."