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RE: Why I believe Ethereum and its tokens are way too overvalued compared to Steem

in #blockchain7 years ago

Well said my friend! There are so many speculative platforms out there that haven't even been created yet and they still have way more value (on paper) than steem. That is insane if you think about it! It also shows us that steem is probably one of the safest investments right now which is definitely not in a bubble compared to other cryptocurrencies.

Steem is only half a billion market cap and yet it is such a beautiful platform that has actual use. I know I repeated everything you have been saying all these months and even from this post but I just wanted to prove to you that I have been listening and that I appreciate all the information that you are giving us.

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Is crazy to see that when you look at the 7 days price change of top 50 currency, most of them are in the green. In fact, going down all the way to top 100 show similiar trend as well.

The current "bull" in this market pushing the price keep on going up, and up. The question now is, unless the price can move up faster than the other currencies, we'll still regard them as undervalue. Fair price is a moving target.

I am still new to this platform, have no steem in hand at the moment. Definitely, would much prefer it to stay where it is now, so that I can start accumulating it. :P

Yea, just keep posting stuff and you will accumulate steem :)