well .... inflation ... classic economy lol ... supply and demand ... new systems .. there is no telling really ... id say if it becomes the new facebook it might hold a decent value since advertisers would have to buy steem ... bit otherwise i dont think its possible to put a tag on it, the current downfall has to do with very few people on very few accounts dumping large amounts, it could be steemwhales trying to regulate the price as SBD was supposed to be $1 ... (dont ask me why) it could be EOS or TRON or any chinese or korean whale trying to dump it to gain market space ... no idea ... sbd is back to one, which i clearly notice as my account value and vote is zip now and steem i down i dont know the point would be the big whales trying to figure out ways to get investors instead of acting all enlightened content nazi
the obvious question here is :
would you accept co-operation with government or banks
would you accept advertising as a means of income for steemit to keep the price up
and all those other things people seem to ignore which are the things that make google and facebook what they are : RICH motherffffffffffffffff
My answer was more an expression of my dissatisfaction with the platform in general than a logical argument. That being said, why couldn't Steem be worth ZERO in ten years?
10 years is really too far down the road to give even any sort of guess. Crypto currency isn't even 10 years old. I would like to think that Steem will be a leader in the social/crypto game but there are just too many unknowns for me to guess. I do think Steem has the potential to become a $50 coin though, which is almost 20 times the current value
The main thing with Steem is that it will be supplied infinite. So demand should be higher than supply by then. I think after a while value starts to decrease but in a few years maybe around 10 or so.
well .... inflation ... classic economy lol ... supply and demand ... new systems .. there is no telling really ... id say if it becomes the new facebook it might hold a decent value since advertisers would have to buy steem ... bit otherwise i dont think its possible to put a tag on it, the current downfall has to do with very few people on very few accounts dumping large amounts, it could be steemwhales trying to regulate the price as SBD was supposed to be $1 ... (dont ask me why) it could be EOS or TRON or any chinese or korean whale trying to dump it to gain market space ... no idea ... sbd is back to one, which i clearly notice as my account value and vote is zip now and steem i down i dont know the point would be the big whales trying to figure out ways to get investors instead of acting all enlightened content nazi
the obvious question here is :
would you accept co-operation with government or banks
would you accept advertising as a means of income for steemit to keep the price up
and all those other things people seem to ignore which are the things that make google and facebook what they are : RICH motherffffffffffffffff
It is too hard to say for 10 years. I would like to say more than $10 in a year.
It depends, for example now the price is almost exactly the same as the last year so its just a point to think about
I'm going to go out on a limb here and say ZERO.
Your answer makes ZERO sense both logically and from any sort of investor standpoint. might want to think again
My answer was more an expression of my dissatisfaction with the platform in general than a logical argument. That being said, why couldn't Steem be worth ZERO in ten years?
I think it will go more higher, because of the present of many new platform and app on steem blockchain :)
10 years is really too far down the road to give even any sort of guess. Crypto currency isn't even 10 years old. I would like to think that Steem will be a leader in the social/crypto game but there are just too many unknowns for me to guess. I do think Steem has the potential to become a $50 coin though, which is almost 20 times the current value
The first-comers to the show will not always necessarily become leader, they can be supplanted by new efficient ideas-driven projects
It is just my oppinion
But I think 100-500$
The main thing with Steem is that it will be supplied infinite. So demand should be higher than supply by then. I think after a while value starts to decrease but in a few years maybe around 10 or so.
$100