Each Steemian can own 714 STEEM to their name TODAY, and then we have run out of coins!
the number of coins per user will keep going down until we have more users than STEEM tokens. I will show you the Inflation of STEEM over the next 30 years, it is a genius inflation rate. Look at this beauty, here we go:
| Year | Supply | Inflation | New Supply | |------|-------------|-----------|------------| | 2016 | 250,000,000 | 9.50% | 23,750,000 | | 2017 | 273,750,000 | 9.08% | 24,854,398 | | 2018 | 298,604,398 | 8.66% | 25,854,554 | | 2019 | 324,458,952 | 8.24% | 26,727,942 | | 2020 | 351,186,894 | 7.82% | 27,452,027 | | 2021 | 378,638,921 | 7.40% | 28,004,740 | | 2022 | 406,643,661 | 6.98% | 28,364,989 | | 2023 | 435,008,650 | 6.55% | 28,513,181 | | 2024 | 463,521,832 | 6.13% | 28,431,762 | | 2025 | 491,953,593 | 5.71% | 28,105,742 | | 2026 | 520,059,335 | 5.29% | 27,523,204 | | 2027 | 547,582,539 | 4.87% | 26,675,768 | | 2028 | 574,258,308 | 4.45% | 25,558,997 | | 2029 | 599,817,304 | 4.03% | 24,172,733 | | 2030 | 623,990,038 | 3.61% | 22,521,348 | | 2031 | 646,511,386 | 3.19% | 20,613,886 | | 2032 | 667,125,272 | 2.77% | 18,464,106 | | 2033 | 685,589,378 | 2.35% | 16,090,399 | | 2034 | 701,679,777 | 1.93% | 13,515,587 | | 2035 | 715,195,364 | 1.51% | 10,766,608 | | 2036 | 725,961,973 | 1.08% | 7,874,074 | | 2037 | 733,836,047 | 0.95% | 6,971,442 | | 2038 | 740,807,489 | 0.95% | 7,037,671 | | 2039 | 747,845,160 | 0.95% | 7,104,529 | | 2040 | 754,949,689 | 0.95% | 7,172,022 | | 2041 | 762,121,711 | 0.95% | 7,240,156 | | 2042 | 769,361,868 | 0.95% | 7,308,938 | | 2043 | 776,670,805 | 0.95% | 7,378,373 | | 2044 | 784,049,178 | 0.95% | 7,448,467 | | 2045 | 791,497,645 | 0.95% | 7,519,228 |
As you can see in 30 years there will be 791 Million coins in circulation... In 30 years there will probably be 4 Billion people on the platforms around the world assuming the world's Internet population keep rising, and a lot can and will happen over three decades.
I believe that STEEM will pass 1 Billion Users in 2024 or 0.46 STEEM per user
This is a smart way to play with numbers, because we get a nice perspective on what potential the cost per steem-token can and will be in the future.
Right now we have
Total accounts: 344,280; mined: 13,953and the reason the number of accounts is not sky high yet is because STEEMIT INC. Has a waiting list for new users joining steemit.com - basically subsidising your account-creation fee and even delegating some steempower to you to get you started, but from the next major hardfork/upgrade you will be able to mine your own account-name and by doing so we free up Steemit Inc so that they can do big-boy-marketing for steemit.com and get 3-5 million signups easy, and from there the network effect or the snowball effect will be felt in your wallet as STEEM grows in users and Internet Popularity, yes I do believe STEEM is where the new POP-CULTURE will come from, DuckDuckGo what Rolling Stone Magazine wrote about STEEM about a year ago.
It is when the price is CHEAP you have to buy A LOT
As long as you can get full STEEM-tokens for an affordable price I will say that any price is a good price to buy more STEEM, Power it up to be part of the STEEM INVESTORS LONG TERM GOALS which of course is to make insane amounts of money on our investments when the future arrives.
I have no problem seeing STEEM at $1000+ per token in a good number of years
So the strategy is very simple - Buy & Hold, that is the winning culture we all as early users of STEEM (Beta) should keep in mind. If it is just a passive investment, you can add a membership with @frontrunner to your account and have your STEEMPOWER work for you creating more STEEMPOWER 24/7 every year risk free.
I DO believe YOU should BUY a LOT of STEEM and Power UP
You got to be IN IT to WIN IT - and both time itself and other people will be competing against you in this growing attention economy that will undoubtably become one of the Internets biggest "IT" once this baby grows up to HF20 and we can from then on focus more on marketing, finally open up some good old money-bags to make STEEM known to as many people as possible. Yes, competition IS coming, so BUY STEEM before THEY DO, am I right?
Do not forget about GOLOS, the TWIN Brother of STEEM - But be aware of wannabe-projects!
Back in the days STEEM had a clean break creating a new blockchain known as GOLOS. GOLOS is STEEM for the primary russian market, but has been and continues to be translated into many languages including english with the same fast transaction time of only 3 seconds and half the coins of STEEM in supply combined with a ridiculous low market cap of only $15m makes it very easy and affordable to become a GOLOS WHALE.
On the other hand - be aware of wannabe projects, what I mean about that is... Many people wish they were the "IT" of the Internet, and will do desperate attempts to get your Bitcoin in exchange for a wannabe social media token which platform exist in an old outdated blockchain philosophy. STEEM & GOLOS remain the two top coins on SPEED, ZERO FEES & FEATURES. There is nobody competing against STEEM or GOLOS, they are built too good, users do not want to abandon it.
Collect STEEM/STEEMPOWER & Circulate the SteemDollar
The SteemDollar is a great new instrument to get in and out of Bitcoin or Ethereum positions. I personally like Bitcoin Cash more than Bitcoin & Ethereum. Ethereum is a gullible overpriced high school project and the "New Bitcoin" has taken a giant step away from Satoshi Nakamotos whitepaper, so Bitcoin Cash is for me the Bitcoin, and that Bitcoin that was worth almost $5000 per token for a little while is not "my bitcoin". However when the price of Bitcoin is high, the price of SteemDollar is low it is a great time to swap, maybe even get an undervalued SteemDollar and do the 3.5 day convertion to STEEM and then POWER UP afterwards
Be mature about your STEEM & GOLOS Investments, prepare to get very rich over time
As the topic states, each steemian can own 714 STEEM, so make sure you at least get that much STEEMPOWER. Set realistic goals for yourself each payday so you increase your STEEMPOWER as much as possible over time. And stay away from the Power-Down button unless you know why you are doing it - Trading on the market is a losers game in which 9/10 of you will lose your STEEM as the Market transfer the funds from the impatient hurry uppers that should have become rich yesterday to the patient bottom scrubber or the equally impatient FOMO-guy.
Don't let BOREDOM cause you to trade and lose Money on IMPULSE!
We humans are easily bored, and when get bored we do stupid impulsive things to free us from our boredom. Some of these "humans in charge" trade on impulse or gamble it to oblivion by taking orders from the corporate media like CNBC that hype things up when their clients need it and of course declare "Bitcoin is Dead" one more time just for the heck of it when it has gone down significantly from the top to buy back in again. Mass media/Corporate media are not your friend and they will never tell you when it is time to buy or sell. They simply collect money from a hedge fund to invite paid "experts" to say on TV what they want them to say.
We have been in Rolling Stone Magazine & We will go mainstream soon enough. Are you ready for this?
If you want to talk more with Invested Steemians who are in STEEM for the longest time, please join me and over 3000 other members at http://SteemSpeak.com - Not a place to shill your latest post, but a place to talk directly with other long term thinking steemians who love this platform and plan the future now so it won't surprise them later.