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RE: Most over valued and under valued coins in top 50 by market cap: Part#9- $100 STEEM by the end of 2018?
As much as I wish STEEM to succeed, I think it´s still way too complicated for the mainstream. I´m now here for only 3 weeks and being way more experienced with blockchain/social media than a mainstream user, I really had quite some problems to adjust. Still havn´t figured out everything yet and I have invested quite a lot of time/money to keep up - that´s nothing near what a normal mainstream user would do (most likely quit already). I´m still open to learn and adjust though.... Maybe all this will not slow down the growth of the coin, but as soon as you´ve got a real product that comes with a coin, you have also the disadvantage that everyone can see, where you are at...
Yes, it is complicated. However, few objective facts can really help: no. of exchanges and trade volumes, number of users, Alexa ranking etc. However, subjective issues (self-proxy vote) will be solved with few adjusts in future hard forks and actions of Steemit Inc. If I can buy 3M Steem, I would put 2M SP to downvote absurd comments with self-proxy vote. Therefore, any big whale-investor can solve these kind of issues by him/herself. When platform will get better and get more attention, these kinds of structural abuse will be solved with proper actions either by communities, or STINC or whales/investors.
Good points - let´s hope, that the system is really regulating itself through its users :)