Yes, but I believe that the current price is already being artificially devalued for several reasons. One being big investors selling at a loss to get tax refunds, while simultanesouly buying up cheap Steem on the side.
Towards the end of April could mark the end of cheap Steem. I'm watching the price go down and ready to pick up some more ^_^
I value Steem at $100+, no less. Its tech is superior, and on top of that it has intrinsic value through Steemit.
Really 100+ for me now I wouldn't have said more then a few dollars at most! But I'm a total noob when it comes to all this, being honest I don't even know what a blockchain is haha I just know it's associated with digital currencies
When you consider the features of the Steem blockchain compared to others you can see the value. For example if I want to send you Steem I just need your username. The transfer is also instantaneous. The Steem blockchain is also designed to overcome the scalability problems that other coins such as bitcoin are facing. There are so many amazing things about the steem blockchain which are undervalued.
Also "the fabric" architecture is coming out at the end of the year. A blockchain is a hashchain inside of a hashchain. "The fabric" is like a blockchain inside of a blockchain. It will really spped things up with developments and other aspects of the blockchain.
Yes, but I believe that the current price is already being artificially devalued for several reasons. One being big investors selling at a loss to get tax refunds, while simultanesouly buying up cheap Steem on the side.
Towards the end of April could mark the end of cheap Steem. I'm watching the price go down and ready to pick up some more ^_^
I value Steem at $100+, no less. Its tech is superior, and on top of that it has intrinsic value through Steemit.
Really 100+ for me now I wouldn't have said more then a few dollars at most! But I'm a total noob when it comes to all this, being honest I don't even know what a blockchain is haha I just know it's associated with digital currencies
When you consider the features of the Steem blockchain compared to others you can see the value. For example if I want to send you Steem I just need your username. The transfer is also instantaneous. The Steem blockchain is also designed to overcome the scalability problems that other coins such as bitcoin are facing. There are so many amazing things about the steem blockchain which are undervalued.
Also "the fabric" architecture is coming out at the end of the year. A blockchain is a hashchain inside of a hashchain. "The fabric" is like a blockchain inside of a blockchain. It will really spped things up with developments and other aspects of the blockchain.