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RE: STEEM Price Speculation

in #steem9 years ago

I am trying to think about it in regards to market cap. Right now we're at about $20M. However in a year its been stated that there will be 500M steem in existence. If we maintained a price of about $1 per steem, we would have a $500M market cap. Thats definitely possible, and would make me a millionare, so its my preference. It might be a tad optimistic though.

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I also think that it is critical to consider this from a market cap perspective.

See this article for more detail on how to properly calculate the market capitalization of steem.