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RE: Is $100 Steem Even Possible?

in #steemit7 years ago

Thank you for bringing up market csap! I just learned this aspect a few days ago and it’s chsnhed my understanding of what is possible and feasible in the crypto world. People like to throw out crazy numbers without taking into consideration market cap and it’s relation to other cryptos lol!!!

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Market cap is good for keeping everything in perspective relative to other financial investments and services. It is also important to understand the supply of a coin when trying to figure out how far it can grow. I hope that helps. Let me know if you have any other questions.