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RE: What's your daily bottom line?
Why does everyone say they expect Steem to raise in value when it is constantly printed day by day? Inflation is so high that once people do not pour enough fresh money to cover for it it would plumet. The nature is inflatory, how do you expect $100 steem in a year, imo it is way more possible to have $0.10 steem in a year
It's more about supply and demand. At the moment, Steemit doesn't have mainstream demand, but most certainly will do. I have no idea about how much currency is produced each day, and whether Steemit's surplus is enough to cover a rapid global sign-up? It's just about supply and demand, but looking at the rise in value of Bitcoin over the past few years, it's been pretty crazy. I concur with your 12 month forecast, but beyond that, know one will know, unless you have a quantum computer sitting next to the Mac, then possibly? :-D