Yeah but if you’re comparing it to btc don’t you have to take into account a fairly massive drop in the value of btc over the past few days? Btc had been just under $20,000 and now sitting around $16,500.
It’s impossible to see the value of something if we can only see it in relation to something else that is also volatile.
Not sure how to get round this.
Gonna read the rest of your post now
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@sallylloyd. Yeah I'm comparing it to bitcoin.
I did a separate post a day ago comparing it to dollars. At the time the dollar price was $2.98. Now it's $3.98, so it's up about 25% in USD and about 30% in satoshi in the last 24 hours.
At the end of the day you have to pick something to value it in. Thank goodness I didn't choose a Leonardo da Vinci "Mundi" painting. If I did, we'd all be crying over our losses.
What did you think of the rest of the post?
Ha! Yes indeed.
Loved the rest of the post. I find the subject fascinating and I really want to see steemit and steem succeed. I particularly want it to rub Facebook's face in the mud eventually. I like [a lot] that it is not censored. I'm a homeopath and there's enough big-pharma money flowing around to be spent suppressing homeopaths and homeopathy [as if they needed to pay anyone to troll homeopaths ;-)] and I'm pretty sure we'll be 'fake news' when facebook get their act together to deal with stuff [wryly said].