Right now, Steem is trading at 10% of its all time high of only ten months ago.
With Hivemind communities, Smart Media Tokens, and Destiny on the horizon, are you really sure that ATH will not be surpassed?
Disclaimer: This should not be construed as financial advice. I am not a registered financial advisor; I don’t even play one on TV. Do your own due diligence. Batteries not included. Objects may be larger than they appear in mirror. Some assembly required. Do not taunt Happy Fun Ball.
In other news,
You Really Need to Follow @donallogue
screenshot from coinmarketcap.com
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Sentiment is a strange thing. Fundamentals are better for Steem but at a 90% discount. Crazy :)
That's because the price is entirely speculative to begin with. I haven't seen a calculation done anywhere what monetizing all the traffic from all interfaces would net on a monthly basis. From that figure, you could calculate the fair price of each newly minted STEEM during that same period of time. I'm guessing it might be a disappointing figure in the eyes of most people. But that's fine because our sights are several years into the future when the traffic has hopefully grown by several orders of magnitude.
These are magnificent and splendid.
I just wish I had the FIAT to be flipping quarters into this machine because that is one HELL of a discount.....
Definitely a good investment and the best is yet to come.
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