Should your Steem prediction come true....that would make you a very wealthy man..... and would finaly give me some extra income to pay off these god awful student loans haha either way... game changer. Lets hope your right! I read this article a few days ago on Facebook and went and bout more Steem promptly afterward. To my happy surprise the next day was up 50% I made a quick flip and bought back in at a lower price haha we all in this together and may come out the other side quiet prosperous.
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I like your enthusiasm Barry, but Steem has a lot of "ironing out" (pun intended) to do before it could reach those highs. They have to address the inflation rate, and other factors as well before we could really see it start to take off.
As of right now, I predict it will stay in line with United States dollar, just as the Steem backed dollar does, until those issues are addressed. 💰
What issue do you see with Steem inflation? It's no longer 100% as it used to be...
We still don't know a whole lot about how it is created, isn't it mined, but by who? I'm still a little up in the air about where it all comes from, could you please enlightened us if you know, and thanks in advance.
Mining is done by witnesses. The inflation rate is 9.5% and shrinking.
Hmm, that 9.5% is going to be pretty difficult for no names to keep up with, but I hope it works out.
Well, it's not really that much. If you have 100 SP you need to earn 10 Steem in a year to cover the inflation.
Awesome, and I better get to work! 😉
Realistically..... I 100% agree with you, haha but hey a kid can dream aammiirite?
Ain't nothing wrong with dreaming, plus, this is Crypto Land... so anything could happen!