the number of coins per user will keep going down until we have more users than STEEM tokens. I will show you the Inflation of STEEM over the next 30 years, it is a genius inflation rate. Look at this beauty, here we go:
| Year | Supply | Inflation | New Supply |
|------|-------------|-----------|------------|
| 2016 | 250,000,000 | 9.50% | 23,750,000 |
| 2017 | 273,750,000 | 9.08% | 24,854,398 |
| 2018 | 298,604,398 | 8.66% | 25,854,554 |
| 2019 | 324,458,952 | 8.24% | 26,727,942 |
| 2020 | 351,186,894 | 7.82% | 27,452,027 |
| 2021 | 378,638,921 | 7.40% | 28,004,740 |
| 2022 | 406,643,661 | 6.98% | 28,364,989 |
| 2023 | 435,008,650 | 6.55% | 28,513,181 |
| 2024 | 463,521,832 | 6.13% | 28,431,762 |
| 2025 | 491,953,593 | 5.71% | 28,105,742 |
| 2026 | 520,059,335 | 5.29% | 27,523,204 |
| 2027 | 547,582,539 | 4.87% | 26,675,768 |
| 2028 | 574,258,308 | 4.45% | 25,558,997 |
| 2029 | 599,817,304 | 4.03% | 24,172,733 |
| 2030 | 623,990,038 | 3.61% | 22,521,348 |
| 2031 | 646,511,386 | 3.19% | 20,613,886 |
| 2032 | 667,125,272 | 2.77% | 18,464,106 |
| 2033 | 685,589,378 | 2.35% | 16,090,399 |
| 2034 | 701,679,777 | 1.93% | 13,515,587 |
| 2035 | 715,195,364 | 1.51% | 10,766,608 |
| 2036 | 725,961,973 | 1.08% | 7,874,074 |
| 2037 | 733,836,047 | 0.95% | 6,971,442 |
| 2038 | 740,807,489 | 0.95% | 7,037,671 |
| 2039 | 747,845,160 | 0.95% | 7,104,529 |
| 2040 | 754,949,689 | 0.95% | 7,172,022 |
| 2041 | 762,121,711 | 0.95% | 7,240,156 |
| 2042 | 769,361,868 | 0.95% | 7,308,938 |
| 2043 | 776,670,805 | 0.95% | 7,378,373 |
| 2044 | 784,049,178 | 0.95% | 7,448,467 |
| 2045 | 791,497,645 | 0.95% | 7,519,228 |
As you can see in 30 years there will be 791 Million coins in circulation... In 30 years there will probably be 4 Billion people on the platforms around the world assuming the world's Internet population keep rising, and a lot can and will happen over three decades.
I believe that STEEM will pass 1 Billion Users in 2024 or 0.46 STEEM per user
This is a smart way to play with numbers, because we get a nice perspective on what potential the cost per steem-token can and will be in the future.
Right now we have Total accounts: 344,280; mined: 13,953and the reason the number of accounts is not sky high yet is because STEEMIT INC. Has a waiting list for new users joining steemit.com - basically subsidising your account-creation fee and even delegating some steempower to you to get you started, but from the next major hardfork/upgrade you will be able to mine your own account-name and by doing so we free up Steemit Inc so that they can do big-boy-marketing for steemit.com and get 3-5 million signups easy, and from there the network effect or the snowball effect will be felt in your wallet as STEEM grows in users and Internet Popularity, yes I do believe STEEM is where the new POP-CULTURE will come from, DuckDuckGo what Rolling Stone Magazine wrote about STEEM about a year ago.
It is when the price is CHEAP you have to buy A LOT
As long as you can get full STEEM-tokens for an affordable price I will say that any price is a good price to buy more STEEM, Power it up to be part of the STEEM INVESTORS LONG TERM GOALS which of course is to make insane amounts of money on our investments when the future arrives.
I have no problem seeing STEEM at $1000+ per token in a good number of years
So the strategy is very simple - Buy & Hold, that is the winning culture we all as early users of STEEM (Beta) should keep in mind. If it is just a passive investment, you can add a membership with @frontrunner to your account and have your STEEMPOWER work for you creating more STEEMPOWER 24/7 every year risk free.
I DO believe YOU should BUY a LOT of STEEM and Power UP
You got to be IN IT to WIN IT - and both time itself and other people will be competing against you in this growing attention economy that will undoubtably become one of the Internets biggest "IT" once this baby grows up to HF20 and we can from then on focus more on marketing, finally open up some good old money-bags to make STEEM known to as many people as possible. Yes, competition IS coming, so BUY STEEM before THEY DO, am I right?
Do not forget about GOLOS, the TWIN Brother of STEEM - But be aware of wannabe-projects!
Back in the days STEEM had a clean break creating a new blockchain known as GOLOS. GOLOS is STEEM for the primary russian market, but has been and continues to be translated into many languages including english with the same fast transaction time of only 3 seconds and half the coins of STEEM in supply combined with a ridiculous low market cap of only $15m makes it very easy and affordable to become a GOLOS WHALE.
On the other hand - be aware of wannabe projects, what I mean about that is... Many people wish they were the "IT" of the Internet, and will do desperate attempts to get your Bitcoin in exchange for a wannabe social media token which platform exist in an old outdated blockchain philosophy. STEEM & GOLOS remain the two top coins on SPEED, ZERO FEES & FEATURES. There is nobody competing against STEEM or GOLOS, they are built too good, users do not want to abandon it.
Collect STEEM/STEEMPOWER & Circulate the SteemDollar
The SteemDollar is a great new instrument to get in and out of Bitcoin or Ethereum positions. I personally like Bitcoin Cash more than Bitcoin & Ethereum. Ethereum is a gullible overpriced high school project and the "New Bitcoin" has taken a giant step away from Satoshi Nakamotos whitepaper, so Bitcoin Cash is for me the Bitcoin, and that Bitcoin that was worth almost $5000 per token for a little while is not "my bitcoin". However when the price of Bitcoin is high, the price of SteemDollar is low it is a great time to swap, maybe even get an undervalued SteemDollar and do the 3.5 day convertion to STEEM and then POWER UP afterwards
Be mature about your STEEM & GOLOS Investments, prepare to get very rich over time
As the topic states, each steemian can own 714 STEEM, so make sure you at least get that much STEEMPOWER. Set realistic goals for yourself each payday so you increase your STEEMPOWER as much as possible over time. And stay away from the Power-Down button unless you know why you are doing it - Trading on the market is a losers game in which 9/10 of you will lose your STEEM as the Market transfer the funds from the impatient hurry uppers that should have become rich yesterday to the patient bottom scrubber or the equally impatient FOMO-guy.
Don't let BOREDOM cause you to trade and lose Money on IMPULSE!
We humans are easily bored, and when get bored we do stupid impulsive things to free us from our boredom. Some of these "humans in charge" trade on impulse or gamble it to oblivion by taking orders from the corporate media like CNBC that hype things up when their clients need it and of course declare "Bitcoin is Dead" one more time just for the heck of it when it has gone down significantly from the top to buy back in again. Mass media/Corporate media are not your friend and they will never tell you when it is time to buy or sell. They simply collect money from a hedge fund to invite paid "experts" to say on TV what they want them to say.
We have been in Rolling Stone Magazine & We will go mainstream soon enough. Are you ready for this?
If you want to talk more with Invested Steemians who are in STEEM for the longest time, please join me and over 3000 other members at http://SteemSpeak.com - Not a place to shill your latest post, but a place to talk directly with other long term thinking steemians who love this platform and plan the future now so it won't surprise them later.
Have a great day you beautiful people-
If you have not already, please go to https://steemit.com/~witnesses and vote for @fyrst-witness. Together we will make the long journey into a pure joyride!
Steem On :)
You couldn't explain better. I see the same future for steemit platform. Resteemed for my followers to see it too.
When I hear talk about Steems at $1,000, it sounds so good as to be a fantasy. But if guys like you and @frystikken are so optimistic, then damn... could our future be so bright?
Y'all are inspiring me to spend EVEN MORE TIME on Steem, if such a thing is possible!
It's simple math. Imagine 100 million users and everyone has 10 votes per day. Besides that only 60K steem mined every day. No brainer to me.
Indeed - reSTEEM !! let your followers know
Hello, friend @fyrstikken,
I'm happy I stumbled over your article today, because I haven't noticed any of your writing for a while. I really appreciate your positive thoughts about Steemit and the future here.
You were one of the first people who befriended me and gave me encouragement here on Steemit. I remember when you "hooked me up" with some automatic 'bot votes, and blew my mind. I was so surprised! Thanks again for that support.
I've supported your witness @fyrst-witness with my vote for a long time now, and hope to continue that.
Thanks again for your encouragement, your support, your witness, and your strong support of the Steemit platform. ;)
Take care!
😄😇😄
This is really interesting :) A lot of optimism about Steem and its future. I like this article. Resteeming!
What an awesome read ! 1000USD/ coin sounds like a pretty bright future ! I'm in it for the long run for sure. I am truly excited about Steem and Steemit, and among all the cryptos, this is the one that I find has a foundation that is very solid and that I want to build my investment on. I also do appreciate the kind of people that are on the platform, I rarely see any mean comments or rudeness here. Steemit is filled with love and excitement because we all know we are on a good journey together ! Great post and wish you a great weekend !
lollipops and puppy dogs to you to
the main table showing the steem inflation is quite nice!
thanks for sharing this article
Lucas
Malabarize-se
We have recently opened a storefront featuring steemit artist designs printed on numerous types of merchandise. Everything featured on the storefront is available to be purchased by anyone on steemit with their steem or SBD earnings. I love your logo and would like to see if you be interested in being a part of the project.
sounds interesting jonny, how would it work?
do you want me myemail to send me more details or here would be good?
it's only online thigs or products as well?
I sell t-shirts here for example: http://www.malabarizese.com
;)
It is a really interesting article and a lot of analysis in it. And the inflation rate calculation seems really interesting but it will be also interesting to see how the algorithm will change and what the future hard forks will bring steam blockchain. I am particularly interested in the upcoming Velocity hard Fork as it will allow burning the tokens instead of delegating them for creation of new accounts. I'm also super excited about the upcoming communities development on Steam blockchain as we are building a photography Marketplace on top of the steem blockchain as we speak and plan to roll out some updates by the end of this month if everything goes well.
Other than that the next year will be very exciting for anybody on Steem blockchain and the price is destined to only to go up as all the developments are guided to that direction. We should not forget that this is the only blockchain that has the highest real life implementation and adoption of users in everyday life.
Great statistic,it should be noticed. Long hold will work in almost every crypto but steem is more then only crypto and I think it will give very high profit in long term
That's a concept I have trouble explaining to people sometimes; that it's more than just a currency. It's very powerful.
Was thinking about this the other day - The inflation change with one of the previous hard forks was brilliant! I hope it doesn't get changed again :)
This is a very good and easy text here, I like this little information,
I have already thought this too for some time, that when big fish begin to advertise steemit , this snowball is rolling even more faster than we thought.
I do not want to say that I'm a specialist, but I feel something big here on the page is about to happen soon.
I'm sure this currency is an excellent investment in the future. I could be a very rich old lady :)
So encouraging
@fyrstikken I am new to steemit and i have goon through various article about steem which makes me to invest my time and money on steem. your post is informative, keep the good job on.
Steem is a long term hold!
fucking nice! the inflation rate is perfect I was thinking about how powerdown rates are also strategically set, its all like a clock, it is better than federal reserve , its better than Keynesianism where they print as much as they want and just keep it a secret, you cant trust people, humans are greedy and they steal!
But with steemit man,...steemit is the GATEWAY drug to Crypto! Bitcoin is too expensive and so many people assume u need to buy a whole bitcoin to get in XD but honestly even if you tell someone they dont have to buy a whole bitcoin to buy some bitcoin it still easier to signup for steemit for free and just EARn some cryptoi by posting and commenting! haha people need to get on steemit to get some crypto, theyll get addicted that way and will want to buy some steempower to catch up with people who have been on steemit longer than them!
WOOO i am just so exhilarated by steemit and bitcoin and crypto maaaan i get all crazy because this stuff is exciting! so much stuff happening right now with crypto, and if you have a fucking pulse, you can get online and you can get yourself some crypto! its open for EVERYONE! steemit allows even the poorest people in the poorest nations to still get a smartphone and get online and start making money on steemit!
Steemit levels the playing field and allows ANYONE with motivation and good work ethic to succeed!
(And I bought a few more Golos on bittrex, i think Golos will be big for the East and Russia has a great programming community and has a lot to prove! They will make Golos super nice and whatever they make Steemit will get to use because its based on the same code so we can help each other! And we will look back at this time and wish we would have invested more in golos and steem! We will be traveling around the world doing conferences at hotels and man its going to be an adventure! Its gonna be so fun traveling around the world, just managing large amounts of money, throwing big parties, its going to be very exciting!
I am a newcomer in steemit ... I am interested to join here because of encouragement from a community friend #satujiwa ..
But how can I grow if there is no moral and material impulse .. I am not a rich person who can buy SP .. but my belief, I can grow big like you all, because every will there is a way. thank you
Thank you for the information...
I am new to crypto, so informative posts like this are super valuable to me. I myself have been powering up and don't plan on withdrawing anything in the foreseeable future.
If the total amount of steem per day being mined is fixed , so inviting new users to this platform will not be good for us? It will be just creating the competition for us and we will be getting less reward than before. I always doubt this duality. Can you explain it a bit clearly?
Roughly the same amount of Steem produced daily, but if the price of Steem goes up significantly, that 1.753 SP earned curating in a week could be serious lucre.
You make the same case as was made for getting off the Gold Standard. But the part of the speculators reasoning that I don't get is. In the future, what will be driving this high demand for Steem? There is only one sure way to get wealth, earn it. Whenever people start thinking they are getting easy money or they are putting one over on someone, they set themselves up to get ripped off big time. That's why Mordecai Jones said, "you can't cheat an honest man." If you don't know who Mordecai Jones is, watch this movie. great lessons to be learned.
These are very awesome news, i love the statistics of steemit ! I will be holding all STEEM for long time! Let's get to the MooN!
I also power up 100% and didn't withdraw anything because I see the potential of this community in the nearest future. Great article
@fyrstikken, come back to Golos! :)
We will be multi steemaires! lol Steem gunna xplode soon I can feel it
Do you mean for Steemit.com, or the Steem blockchain in the broader sense?
Care to translate that?
If all of the above-ground silver were divided evenly, each human on the planet would have three ounces of it.
Silver and crypto, the two best investments?
I don't understand why Golos was created and with the blessing of Steemit Inc? it robs Steem of the Russian market.
Steemit could be setup to cater to all laguages (already does with tags).
In the Settings Steemit could be setup to filter content depending on language, language can be detected by AI.
We don't want to see a break away chain for every language do we? It would further dilute demand for Steem.
Btw Golos English translation doesn't work here, all it does is translate the payouts.
I'm in in for at least a decade - I actually look at my Steem balance (which is tiny at the moment) as my retirement money in later life rather than money I'm gonna spend now. I figure I need about $10K a year, so every $800 of value added to my account is month earlier I can retire....
When Steemit will become more popular, what makes you think the price of Steem will go up?
@fyrstikken you are showing several points here that really show the great potential of STEEMIT. If I would have seen this interesting points I would have mentioned you on my reasons why steemit will climb.
I believe this thing you mentioned on the post will be a game changer:
"...the reason the number of accounts is not sky high yet is because STEEMIT INC. Has a waiting list for new users joining steemit.com - basically subsidising your account-creation fee and even delegating some steempower to you to get you started, but from the next major hardfork/upgrade you will be able to mine your own account-name and by doing so we free up Steemit Inc so that they can do big-boy-marketing for steemit.com and get 3-5 million signups easy..."
Thanks for sharing this great facts. @gold84
I should work on getting at least 1000 steam power
Well here is 14 cents man, and youve been here since August 2016 man, i think u told me u just came back to steemit right?
And yeah man start posting about the discord chat! talk about all the steemit usersyou know! talk about how youve been hetre longer than most use that when u can!
talk about how you have watched steemit for a while just discuss your experience of steemit since last year man!
or do the whole dragon ball Z thing like @lordvader does with his role playing posts!
This is exactly what I see and why I spend my time here to grow my little account with cool ideas, my #BeerSaturday Challenge for quality content and so much other stuff.
Thanks for the clear view of the Steemit future
yeah even if you dont even post like @thejohalfiles who doesnt ever make blog posts, you can still make thousands of dollars in steem a week from curating (upvoting good posts) and youll end up making so much from just commenting! Johal has over a million steempower and hes got 0 blog posts just all comments and curating!! shows you the potential of steemit when you start accumulating a lot of steempower, you can start earning over 1000 steem a week from curating!
You're right sir @fyrstikken, I also had a feeling steem will reach the $2500 mark
oh fuck yeah steem will get literally close to Bitcoin price because steem has 241 Million steem while Bitcoin has 16 Million bitcoins, so steem supply really isn't THAt high , its not like its in the billions, we we could totally see steem at the $1000 mark, and we will never have to woprry about steem falling in price agin
we should just worry about our own personal amountof steem fa;ling, but the price of steem is going to just keep ging up!
Its exciting to realize that in already basically a millionaire with my 2000 steempower, sure now iuts only around $2700 but eventually each steem will be $1000 and i mean even if steem is $500 ill have 1 million dollars and steem could easily fly up to 500! man and then people like @fyrstikken with almost 1 million steempower will have 1 billion dollars when steem goes to $1000 and yeah steem could even go higher, its the best crypto currency and having $0 transaction fees will force people to use it! And its faster! people will LOVE steemit
steem solves a lot of the problems with bitcoin and them some! Wow its true! steem really WILl get to $1000 and beyond! man it feels good knowing Im going to be set for life! i should stoll keep working hard but i cant imagine what it must feel like to have a million steem NOW,because then youre REALLy set man it must feel SOOOO good, its why i want to be woprking on helping other humans so by the time I have a million dollars i will be able to relax and party, ill then go back to work and help all my fellow hard working steemians, i want to uyse steemit as a way to help everyone who i can SEE was workinghard! steemit wil tell me who has been working hard and so i will know who I should reward with my upvotes!
wow in the futrue I cant WAIt to manually curate! it will be SO fun to go around handing out $10 to $100 at once with one upvote!
We can find people who are real cool hunters who can help us choopse the best content, i know i can end up getting good at curating myself but i think some steemit users might end up getting really godo at curation!
some peopel just have a better eye than othersfor posts that shots be upvoted! They will get to show off thir skills with special curation contests!
Anyway steem WIL reach the $2500 mark that seems like a lot but Steem is WORTh it man, its Undervalued
Anyone with $500 in steempower will be a millionaire XD its gonna be LEGIT!!! But even before then, in a year or two, steem will be $10 then $100 then $500 WOOOO its gonanb ea ATEEMIT party! and only peopel with steempower willbe invited! so why not SAVE your steempower instead of spending it on stupiud stuff guys?!?!
fyrstikken, I have posted this on my FB page, and resteemed. Come on! This is one of the best posts on steemit.
I don't have a lot of money to buy steem, but all the rewards I earn are going straight into SP. I believe in this platform as a way for humans to build an economy around art, kindness, and meaningful conversation. Sounds like a utopia to me and the second I come into surplus money it's going into steemit.
I'm so glad I've found this platform... What then , shall we more concern, acquiring more Steem or Promote more about the platform for others to join steemit.com?
do both, use instagram to promote steemit the way I have been instagram.com/ackza770 then make steemit posts like i do to show how you use instagram to promote steemit, get paid off that post use it to run ads, make posts about the ads, etc etc
ad u should do BOTH u acquire steempower By promoting steemit! use ur own steemitblog link steemit.com/@joshvel to promote steemit and yourself!
wow a great post @fyrstikken and I haveing been writing about the same thing in my blog posts...am sure that we are in a great platform and success will be on our side.
I believe steem is grow up soon
Very good information, thanks @firstikken resteem this post.
Nice article, upvoted.
Very interesting article but in 30 years wow, i want to see a good inflation in the near future i dream with a steem over $5
Nice info for us @fyrstikken
Im often read your post... Your post really have good quality. Follow me back oke
Hope we can be friend
Upvoted by @andravasko , upvoted community helps minnow steemit . explanation HERE !!!
Owsome information @fyrstikken, steem power is most important thing.
I agree
I believe the price of Steem will rise to the moon with our patience . What we can do now is hold hold hold and watch it turn into gold
Ps- Vote is all yours @fyrstikken
The time will come to increase steam power. At the top will be steemit.Com. Thank you for sharing
@asmi140 you write really interesting concepts. You are truely my supersteemian who gives really great optimist thoughts
Nice calculation on the inflation of steem @fyrstikken
Very nice work on the calculation of steem this work is really good for an steemer.
Great info, thank you ;)
Fyrst i am still not sure how to collect the 714 steem?