Perhaps. However, steem has an entire social networking site behind it that is just getting starting. Hopefully steem has many use cases besides just as a currency. If that is the case it should have many factors helping support it when times get lean.
I am not sure about steem. If, for example steem.com has exponential users growth and therefore exponential steem adoption, then it might not crush and its growth rate is justifiable. But if, users growth is just linear but steem price is exponential, then we are going to see a correction. Steem.com owners have much better picture than we do.
Perhaps. However, steem has an entire social networking site behind it that is just getting starting. Hopefully steem has many use cases besides just as a currency. If that is the case it should have many factors helping support it when times get lean.
I am not sure about steem. If, for example steem.com has exponential users growth and therefore exponential steem adoption, then it might not crush and its growth rate is justifiable. But if, users growth is just linear but steem price is exponential, then we are going to see a correction. Steem.com owners have much better picture than we do.