4 billion market cap in a year, in this environment, it's a bit of a moon shot, but totally possible! There WILL be a cooling off/crash phase at some point, followed by some sideways action, but then it'll pick up again.
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not that i don't agree, bt based on what?
Which part, Steem market cap, or correction?
both :D
As far as the market cap, there were some posts on new user signups and they are going up tremendously and I'm starting to see alot of videos on youtube talking about steem, and some are BIG players on youtube and they are bringing all their followers over. Steem is nice because it has the network effect going for it, big time.
Correction, just because I'm a bit of a pessimist, always have been, and that saying "if it's too good to be true, it probably is". That's why i say "minor corrections" along the way. I think any investor would tell you that continuous parabolic climbs is not great for price discovery.
Hope this clears it up!