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RE: Why I Am Still Hyper-Bullish On STEEM!!!!
Much of the drama that seems to be a part of Steem comes from the systems settings. Downvotes, reputation, rewards split, etc can all be tweaked in the upcoming SMT's. Some will have huge success, some will fail, but the total experience will give Steemit insights on what really works.
Since every SMT is built on Steem, it's core value is derived from the Steem token. Investing in an SMT means investing in Steem. You are right to be bullish. Steem over $100 end of 2018? It may sound farfetched, but I think it can happen!
I would split $100 a STEEM as People/Market understand that STEEM is faster, scalable, secure and has more utility (savings, powerup, delegation) than BTC and LTC: $10-20 a STEEM. Some of the bigger exchanges adopt STEEM (e.g. Bitfinance, Bithumb, Binance etc. and Coinbase can bring STEEM to $100) $20-40 a STEEM. Steem blockchain has 5-10M users (i.e. users can grow exponentially if signup process get easier and network effect takes place) $40-60 a STEEM. SMT brought some of the biggest names from Media (i.e. Media companies, specially news outlets are starving for profit model and blockchain adoption quadruples company's stock ) and lots of SMT based ICO get success and compete with ETH as well as Wall Street money chip in: STEEM $60-100!
Much of what I write people seem to think is far-fetched.....
So that is nothing new lol
It simply means you are a visionary.
That can be strange at times when talking with the 'normal' people. But you'll get used to let time pass by to prove you were right all along. It's a lonely path though, keep steady.
Thanks @fitzgibbon.
No worries about the lonely path.
Few seem to have much insight as to what is going to happen (none of us can know for sure but there are signs). Few on Prodigy back in the early 90s would have envisioned Facebook, Google, and streaming video. Yet it is part of the norm today.
When I make the claim that blockchain is as much of an impact as the internet but time 100, it is because this technology is really that revolutionary and powerful.
Hmm there seems to be a post in there.
There's no difference between a crazy person and a visionary before things happen... Only when things happen or don't is that decided.