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RE: Scotbot launch! Time to make your own custom token powered by proof of brain on Steem!

in #steem-engine6 years ago

1 cent for a base layer token with all known issues, and maximization, seems rather generous long term. Especially if platforms using SCOT will reward ALSO in Steem.

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steem should be $1 at least, steem should be $10 if we had more users.... metacalfs law , value of telecom network grows exponentially with more users

Just users, without additional utility, is merely 9m new accounts per years which are ready to dump/create down pressure.

Telcos have both paying customers and upsell strategies. Even more in developing markets does that matter when looking purely at user numbers.

Uncle Keynes would be happy but increased numbers does not result in scarcity, or increased token value. It just means more people will some day sell it.

It's about utility.

Now look at ENG. ENG is a central token in this "not STINC evolution" and needed for everything. That's utility. That's when scarcity will drive price up, because everyone needs it for day-to-day use.