RE: Steemians: Do You Understand What It Means To Be An Early Adopter??? Do You Realize How Early It is???
Well I do believe that we are still early adopters! Still is something in your post which confuses me a little bit.
At the moment the value of Steem and Steem backed dollars is set by the demand. Steem is still at a price that people are willing to invest into it. Some for powering up their steem account, others as an investement into the future (hoping on a steep increase in value).
As the price of STEEM heads higher, the likelihood of people buying in at certain levels decreases.
That would mean that demand decrease and therefor the value of Steem also will decrease. I do know that the one who do want to use the promising SMT feature, needs steem as fuel for their SMT, which could increase the price. But still, don't you think that there will a max price for Steem, which maybe wouldn't be much higher than $10?
That is referring to strictly a dollar perspective.
As STEEM heads higher, it takes more money to buy in at certain levels. At $1, one can become a dolphin for $5K....at $100, it takes $500K....there are going to be a lot less people buying in AND powering up at the second level.
There might be large investors who buy STEEM yet they are not likely to be bloggers...possible but not likely. Thus they will keep their STEEM as is.
If advertisers buy in it could get crazy, advertisers could literally pay people sbd's to come and visit and listen to their message or pay good bloggers to advertise, lots of ways this could blow up, or go to zero hahahha. I am in it to win it, kinda scary.
it's not going to zero