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RE: Steem Price LOW! = Power Up Opportunity!

in #crypto7 years ago

Definitely agree that Steem should increase in value going forward. However, don't think there is a clear theory that explains the value of any specific crypto-currency. In Steem's case, am sure the value of Steem is proportional to the number of users. It will be interesting to see where Steem is once we hit one million accounts. Would be very interested if anyone has a theory as to how to price crypto-currencies. There are so many factors, it is not an easy task. But if someone could figure out an accurate model, not only would they recoup substantial return, but great academic acclaim. - Laissez Faire

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Hello Edward,
You are quite correct, it will be very interesting to note the price of Steem and quite probably highly rewarding to see numbers of Steemit users greatly increase - as they surely will!

Pleased to meet you - I am following you now also :D